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JBT Q3 Adjusted EPS, Revenue Increase; 2024 Outlook Reiterated -- Shares Jump After Hours
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JBT Q3 Adjusted EPS, Revenue Increase; 2024 Outlook Reiterated -- Shares Jump After Hours
Oct 22, 2024 2:32 PM

05:12 PM EDT, 10/22/2024 (MT Newswires) -- JBT (JBT) reported Q3 adjusted earnings Tuesday of $1.50 per diluted share, up from $1.11 a year earlier.

Four analysts polled by Capital IQ expected $1.41.

Revenue for the quarter ended Sept. 30 was $453.8 million, up from $403.6 million a year earlier.

Four analysts surveyed by Capital IQ expected $442.2 million.

The company reiterating its full year 2024 guidance for adjusted EPS to between $5.05 and $5.35 and revenue between $1.72 billion and $1.75 billion.

Four analysts polled by Capital IQ expect $5.16 and $1.73 billion.

Shares were up 7% in after-hours activity.

Price: 101.95, Change: +6.69, Percent Change: +7.02

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