John Bean Technologies (JBT) Misses Q3 EPS by 2c; Authorizes $30M Buyback; Lowers FY11 Outlook
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John Bean Technologies (NYSE: JBT) reported Q3 EPS of $0.28, $0.02 worse than the analyst estimate of $0.30. Revenue for the quarter came in at $230.3 million versus the consensus estimate of $235.9 million.
John Bean Technologies sees FY2011 EPS of $1.30-$1.36, versus the consensus of $1.42.
John Bean's Board of Directors has authorized the repurchase of up to $30 million of the Company's common stock through December 31, 2014.
John Bean Technologies sees FY2011 EPS of $1.30-$1.36, versus the consensus of $1.42.
John Bean's Board of Directors has authorized the repurchase of up to $30 million of the Company's common stock through December 31, 2014.
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