03:42 AM EDT, 07/31/2024 (MT Newswires) -- John Bean Technologies ( JBT ) reported Q2 adjusted earnings late Tuesday of $1.05 per diluted share, up from $0.97 a year earlier.

Four analysts polled by Capital IQ expected $1.25.

Revenue for the quarter ended June 30 was $402.3 million, compared with $427.7 million a year earlier.

Four analysts surveyed by Capital IQ expected $432.6 million.

The company trimmed its full-year 2024 adjusted EPS guidance to $5.05 to $5.35 from a prior outlook of $5.05 to $5.45. Analysts surveyed by Capital IQ expect $5.16. It also lowered the revenue forecast for the year to between $1.72 billion and $1.75 billion from $1.74 billion to $1.77 billion. Analysts polled by Capital IQ expect $1.74 billion.

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