JBT Corp. (JBT) Misses Q2 EPS by 6c

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JBT Corporation Reports Second Quarter 2022 Results and Signs Definitive Agreement to Acquire Bevcorp

July 27, 2022 4:15 PM EDT

Second Quarter 2022 Highlights:

Revenue of $542 million, representing a 14 percent increase year over year Earnings per share of $1.04, or $1.13 as adjusted Total backlog of $1.1 billion increased 25 percent year over year

Bevcorp Highlights

Bevcorp is a leading provider of beverage processing and packaging solutions Purchase price of $290 million before tax benefit of approximately $35 millionFull year 2022 expected revenue and EBITDA of approximately $85 million and $20 million,... More