JBT Corporation Reports Second Quarter 2021 Results

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

July 27, 2021 4:18 PM EDT

JBT Corp. (NYSE: JBT) reported Q2 EPS of $1.19, $0.19 better than the analyst estimate of $1.00. Revenue for the quarter came in at $476 million versus the consensus estimate of $452.96 million.

GUIDANCE:

JBT Corp. sees Q3 2021 EPS of $1.10-$1.20, versus the consensus of $1.19.

We have revised our full-year 2021 guidance to reflect strong first-half results and order trends, partially offset by increased inflationary pressures and supply chain challenges,\" concluded Deck.

For full-year 2021, the Company raised revenue growth guidance to 14 - 16 percent at FoodTech,... More