Recap: John Bean Tech Q3 Earnings

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John Bean Tech JBT reported its Q3 earnings results on Wednesday, October 26, 2022 at 04:17 PM.

Here's what investors need to know about the announcement.

Earnings

John Bean Tech beat estimated earnings by 6.72%, reporting an EPS of $1.27 versus an estimate of $1.19.

Revenue was up $78.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.06 which was followed by a 7.47% drop in the share price the next day.

Here's a look at John Bean Tech's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 1.19 0.56 1.11 1.18
EPS Actual 1.13 0.87 0.92 1.02
Revenue Estimate 552.63M 439.45M 519.39M 494.92M
Revenue Actual 542.30M 469.20M 497.60M 477.40M

To track all earnings releases for John Bean Tech visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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