JBT Corp. (JBT) Tops Q2 EPS by 19c

JBT Corp. (NYSE: JBT) reported Q2 EPS of $1.24, $0.19 better than the analyst estimate of $1.05. Revenue for the quarter came in at $491.3 million versus the consensus estimate of $474.59 million.

For full-year 2018, JBT maintains projected diluted earnings per share from continuing operations of $2.80 - $3.00, or $3.95 - $4.15 adjusted for restructuring charges, while absorbing the $0.07 per share dilutive impact from the acquisition of FTNON.

For the third quarter of 2018, the Company expects similar results to the second quarter, absent the discrete tax benefit.

For earnings history and earnings-related data on JBT Corp. (JBT) click here.

You May Also Be Interested In

• Kotak Upgrades Persistent Systems Ltd. (PSYS:IN) to Buy (1)
• RBC Capital Upgrades Brunello Cucinelli SpA (BC:IM) (BCUCF) to Outperform
• Stifel Reiterates Hold Rating on Nike (NKE)