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

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JBT Corporation Reports Second Quarter 2021 Results

July 27, 2021 4:15 PM EDT

CHICAGO, July 27, 2021 /PRNewswire/ --

Highlights: 

Revenue of $476 million and earnings per share of $0.95, or $1.19 as adjusted, exceeded expectations Record orders increased 68 percent year over year and 19 percent sequentially with an expanding backlog Generated strong operating cash flow of $45 million and free cash flow of $35 million Completed acquisition of Prevenio in early July Adjusting full-year guidance to reflect robust commercial activity, increased cost pressures and supply chain disruptions

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