On Tuesday 22nd October 2024, John Bean Technologies Corporation (NYSE: JBT) will be releasing its third quarter financial results. This much awaited announcement will be made after market close.
According to the forecasts of financial experts on Wall Street, the organization is poised to announce an anticipated per share $1.40 profit for the quarter. Furthermore, the firm is expected to disclose a total revenue of $442.2 million for this specific period.
In comparison to the same quarter of the prior year, the company's financial statement showcased a per share of income of $1.11. This was credited to the company's total revenue, which reached an impressive $403.6 million in that particular timeframe.
Projections for the company's annual performance have been shared by Wall Street analysts, with an estimated total revenue of $1.73 billion. Furthermore, they are predicting profit of $5.16 per share for the full year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.05 | +8.2% | 402.30 M | -5.9% |
| Q1 2024 | $0.85 | -9.6% | 392.30 M | -25.9% |
| Q4 2023 | $1.40 | -6.0% | 444.60 M | -25.8% |
| Q3 2023 | $1.11 | -12.6% | 403.60 M | -27.3% |
| Q2 2023 | $0.97 | -14.2% | 427.70 M | -21.1% |
| *Growth on year-over-year basis | ||||
JBT will host a conference call with investment community on 23rd October 2024 at 10:00 AM eastern time to discuss the financial results.
Throughout Friday's trading, John Bean Technologies Corporation (JBT) shares fluctuated between $98.15 and $101.50, with a trading volume of 175.40 thousand shares. The stock ended the regular trading session at $98.65, demonstrating decrease of 1.3 percent.
