JBT Corp. (JBT) Misses Q3 EPS by 5c, Offers Guidance

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JBT Corporation Reports Third-Quarter 2018 Results

October 31, 2018 4:17 PM EDT

CHICAGO, Oct. 31, 2018 /PRNewswire/ -- 

Third-Quarter 2018 Highlights:

Revenue of $482 million, up 15 percent from the third quarter of 2017   Operating income of $37 million, including a $12 million restructuring expense Total segment operating profit of $60 million, up 12 percent Earnings per diluted share of $0.82 or an adjusted $1.06 versus $0.82 in the year-ago period, up 29 percent

Full-Year 2018 Outlook:

Maintaining organic revenue growth guidance of 7 8 percent, with higher growth at AeroTech offsetting lower growth at FoodTech Refining 2018 diluted EPS from continuing operations... More