John Bean Technologies Corporation (NYSE:JBT) is reporting third quarter earnings results on Tuesday 27th October 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.71 per share.
For the full year, analysts predict revenues of $ 1713.80 million, while looking forward to income of $ 3.88 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 2,004.00 million ~ $ 2,024.00 million, where as bottomline are predicted in a range of $ 5.15 ~ $ 5.35 per share
Click Here For More Historical Outlooks Of John Bean Technologies Corporation
Previous Quarter Performance
John Bean Technologies Corporation recorded income for the second quarter of $ 1.09 per share, from the revenue of $ 411.50 million. The consensus estimates are income of $ 0.74 per share from $ 396.38 million in revenue. The bottom line results beat street analysts by $ 0.35 or 47.30 percent, at the same time, top line results outshined analysts by $ 15.12 million or 3.81 percent.
Stock Performance
Shares of John Bean Technologies Corporation traded up $ 0.79 or 0.89 percent on Friday, reaching $ 89.73 with volume of 93.80 thousand shares. John Bean Technologies Corporation has traded high as $ 90.04 and has cracked $ 88.01 on the downward trend
According to the previous trading day, closing price of $ 89.73, representing a 58.34 % increase from the 52 week low of $ 56.17 and a 25.75 % decrease over the 52 week high of $ 119.78.
The company has a market capital of $ 2.85 billion and is part of the Industrials sector and Diversified Industrials industry.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.10 per share on August 13, 2020. The dividend were payable on September 8, 2020 to holders of record as of the close of business on August 24, 2020 and ex-dividend date on August 21, 2020.
John Bean Technologies Corporation provides technology solutions to food and beverage industry and equipment and services to air transportation industries. The company operates through JBT FoodTech and JBT AeroTech segments. It provides chilling, mixing/grinding, injecting, marinating, tumbling, portioning, packaging, coating, frying, freezing, weighing, X-ray food inspection, and packaging systems for poultry, beef, pork, and seafood, as well as ready-to-eat meals, fruits, vegetables, dairy, and bakery products; solutions to extract, concentrate, and aseptically process citrus, tomato and other fruits, vegetables, and juices; and solutions for the filling, closing, and preservation of fruits, vegetables, soups, sauces, and dairy and pet food products, as well as ready-to-eat meals.
