JBT Corp. (JBT) Tops Q1 EPS by 31c, Updates Guidance

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JBT Corporation Reports First Quarter 2019 Results

April 29, 2019 5:02 PM EDT

CHICAGO, April 29, 2019 /PRNewswire/ -- JBT Corporation (NYSE: JBT), a leading global technology solutions provider to high-value segments of the food & beverage industry, today reported results for the first quarter of 2019.

"Our first quarter gains demonstrate JBT's ongoing ability to reshape operations for greater efficiency and productivity," said Tom Giacomini, Chairman, President, and Chief Executive Officer. "We are raising our full-year revenue and earnings guidance and are on track to deliver significant earnings growth."

JBT benefited from favorable timing of customer shipments and production levels in the first quarter of 2019.... More