Welcome to our dedicated page for John Bean news (Ticker: JBT), a resource for investors and traders seeking the latest updates and insights on John Bean stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect John Bean's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of John Bean's position in the market.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
JBT Corporation (NYSE: JBT) reported strong results for Q1 2023, with consolidated revenue of $530 million, a 13% increase compared to the previous year. Net income remained stable at $26 million, maintaining earnings per share (EPS) at $0.80. Adjusted EBITDA rose by 30% to $70 million, while adjusted EPS increased 7% to $0.94. The backlog is at a substantial $1.2 billion, supported by orders worth $638 million, reflecting increases of 5% and 13% year-over-year, respectively. The FoodTech segment contributed $389 million to the revenue, up 9%, while AeroTech saw a remarkable 25% revenue surge to $141 million. JBT expects continued growth, with full-year revenue guidance set between 7% and 10%.
Summary not available.
JBT Corporation (NYSE: JBT) will announce its first quarter 2023 financial results after market closure on April 25, 2023. Investors can join a conference call on April 26, 2023, at 10:00 a.m. ET, with registration required for participation. This information will also be available via a simultaneous webcast. JBT is a leading global technology solutions provider focusing on the food & beverage industry through its FoodTech segment and on air transportation through its AeroTech segment. The company operates in over 25 countries and employs approximately 7,200 people worldwide.
JBT Corporation (NYSE: JBT) declared a quarterly cash dividend of