John Bean Technologies (JBT) PT Raised to $138 at Sidoti

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JBT Corporation Reports Full-Year 2017 Results

February 26, 2018 4:05 PM EST

CHICAGO, Feb. 26, 2018 /PRNewswire/ --

Full-Year 2017 Highlights:

Revenue of $1.6 billion, up 21 percent from 2016 Diluted earnings per share from continuing operations of $2.58; adjusted EPS of $3.10, up 21 percent Inbound orders of $1.7 billion, ahead 23 percent

2018 Outlook:

Expects 2018 revenue growth of 10 - 13 percent, including organic growth of 7 - 8 percent and 2 - 3 percent growth from completed acquisitions Anticipates operating margin expansion of 100 - 125 basis points Projects 2018 earnings per share of $3.85 -... More