JBT Corp. (JBT) Tops Q4 EPS by 27c, Revenues Beat; Q1 EPS/Revenue Guidance Below Consensus, Provides FY19 EPS/Revenue Outlook

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Go back to JBT Corp. (JBT) Tops Q4 EPS by 27c, Revenues Beat; Q1 EPS/Revenue Guidance Below Consensus, Provides FY19 EPS/Revenue Outlook

JBT Corporation Reports Full-Year 2018 Results

February 25, 2019 4:16 PM EST

CHICAGO, Feb. 25, 2019 /PRNewswire/ --

Fourth Quarter 2018 Highlights:

Revenue of $537 million, up 11 percent from the fourth quarter of 2017 Operating income of $59 million, including $14 million of restructuring expense  Total segment operating profit of $83 million, a gain of 28 percent from the fourth quarter of 2017 Diluted earnings per share from continuing operations of $1.34 versus $0.61; Adjusted diluted earnings per share of $1.65 versus $1.10 in the fourth quarter of 2017 Inbound orders of $476 million, ahead 18 percent; backlog up 14 percent from the fourth quarter of 2017

2019... More