Edition:
United States

John Bean Technologies Corp (JBT.N)

JBT.N on New York Stock Exchange

73.42USD
12 Dec 2018
Change (% chg)

$1.07 (+1.48%)
Prev Close
$72.35
Open
$73.51
Day's High
$75.03
Day's Low
$73.36
Volume
36,072
Avg. Vol
50,797
52-wk High
$123.90
52-wk Low
$71.92

Latest Key Developments (Source: Significant Developments)

JBT Corp Q3 Adjusted EPS $1.06 From Continuing Operations
Wednesday, 31 Oct 2018 04:15pm EDT 

Oct 31 (Reuters) - John Bean Technologies Corp ::JBT CORPORATION REPORTS THIRD-QUARTER 2018 RESULTS.SEES FY 2018 EARNINGS PER SHARE $2.90 TO $3.00 FROM CONTINUING OPERATIONS.Q3 ADJUSTED EARNINGS PER SHARE $1.06 FROM CONTINUING OPERATIONS.Q3 EARNINGS PER SHARE $0.82 FROM CONTINUING OPERATIONS.Q3 REVENUE $482 MILLION VERSUS I/B/E/S VIEW $489.8 MILLION.Q3 EARNINGS PER SHARE VIEW $1.11 -- THOMSON REUTERS I/B/E/S.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $4.00 TO $4.10 FROM CONTINUING OPERATIONS.MAINTAINING ORGANIC REVENUE GROWTH GUIDANCE OF 7 - 8 PERCENT FOR 2018.SEGMENT MARGINS ARE EXPECTED TO EXPAND APPROXIMATELY 30 BASIS POINTS FOR BOTH FOODTECH AND AEROTECH FOR 2018.  Full Article

John Bean Technologies Says Co And John Bean Technologies Europe B.V. Entered Credit Agreement
Thursday, 21 Jun 2018 05:36pm EDT 

June 21 (Reuters) - John Bean Technologies Corp ::JOHN BEAN TECHNOLOGIES CORP SAYS ON JUNE 19, CO AND JOHN BEAN TECHNOLOGIES EUROPE B.V. ENTERED INTO A CREDIT AGREEMENT - SEC FILING.JOHN BEAN TECHNOLOGIES CORP - CREDIT AGREEMENT PROVIDES FOR A $1 BILLION REVOLVING CREDIT FACILITY, WHICH MATURES ON JUNE 19, 2023.  Full Article

JBT Corp Reports Q4 Adjusted EPS $1.10 From Continuing Operations
Monday, 26 Feb 2018 04:05pm EST 

Feb 26 (Reuters) - John Bean Technologies Corp ::JBT CORPORATION REPORTS FULL-YEAR 2017 RESULTS.Q4 EARNINGS PER SHARE $0.61 FROM CONTINUING OPERATIONS.Q4 REVENUE ROSE 19 PERCENT.SEES FY 2018 EARNINGS PER SHARE $3.85 TO $4.05 FROM CONTINUING OPERATIONS.SEES Q1 2018 EARNINGS PER SHARE $0.32 TO $0.36 FROM CONTINUING OPERATIONS.Q4 ADJUSTED EARNINGS PER SHARE $1.10 FROM CONTINUING OPERATIONS.SEES FY 2018 REVENUE UP 10 TO 13 PERCENT.SEES Q1 2018 REVENUE UP ABOUT 8 PERCENT.QTRLY REVENUE $483.7 MILLION VERSUS $405.0 MILLION.Q4 EARNINGS PER SHARE VIEW $1.08, REVENUE VIEW $470.4 MILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $3.72, REVENUE VIEW $1.77 BILLION -- THOMSON REUTERS I/B/E/S.JOHN BEAN TECHNOLOGIES - SEES NEW RESTRUCTURING PROGRAM IN 2018, DETAILS AND IMPACT OF WHICH WILL BE AVAILABLE AT TIME OF Q1 2018 EARNINGS RELEASE.  Full Article

John Bean Technologies Corp - Declared Q1 2018 Cash Dividend Of $0.10Per Share
Friday, 23 Feb 2018 09:00am EST 

Feb 23 (Reuters) - John Bean Technologies Corp ::JOHN BEAN TECHNOLOGIES CORP - DECLARED Q1 2018 CASH DIVIDEND OF $0.10PER SHARE.  Full Article

JBT Corp reports Q3 EPS $0.82 from continuing operations
Monday, 23 Oct 2017 04:15pm EDT 

Oct 23 (Reuters) - John Bean Technologies Corp :JBT Corporation delivers strong revenue, earnings and order gains in the third quarter 2017.Q3 earnings per share $0.82 from continuing operations.Q3 revenue $421 million versus I/B/E/S view $414.1 million.Q3 earnings per share view $0.78 -- Thomson Reuters I/B/E/S.Sees FY 2017 earnings per share $3.00 to $3.10.John Bean Technologies Corp - ‍for Q3 of 2017, inbound orders of $440 million increased 27 percent from prior year​.Fy2017 earnings per share view $3.03 -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-JBT Corp Q2 EPS $0.57 from continuing operations (July 31)
Tuesday, 1 Aug 2017 09:56am EDT 

Corrects sixth bullet to say company expects FY 2017 revenue up 19-20 pct, not FY 2017 revenue of about $20 mln:JBT Corp reports second quarter 2017 earnings.Sees Q3 2017 earnings per share $0.76 to $0.79.Q2 earnings per share $0.57 from continuing operations.Q2 revenue $386 million versus I/B/E/S view $381.6 million.Q2 earnings per share view $0.51 -- Thomson Reuters I/B/E/S.Sees FY 2017 revenue up 19 to 20 percent.Sees FY 2017 earnings per share $2.95 to $3.10.FY2017 earnings per share view $3.02, revenue view $1.58 billion -- Thomson Reuters I/B/E/S.For Q2 of 2017, inbound orders of $418 million increased 36 percent from prior year.Quarterly backlog improved 16 percent from year-ago period.Says JBT is raising its revenue growth guidance to 19 to 20 percent for year.Q3 earnings per share view $0.87 -- Thomson Reuters I/B/E/S.  Full Article

JBT Corp Q2 EPS $0.57 from continuing operations
Monday, 31 Jul 2017 04:15pm EDT 

July 31 (Reuters) - John Bean Technologies Corp ::JBT Corporation reports second quarter 2017 earnings.Sees Q3 2017 earnings per share $0.76 to $0.79.Q2 earnings per share $0.57 from continuing operations.Q2 revenue $386 million versus I/B/E/S view $381.6 million.Q2 earnings per share view $0.51 -- Thomson Reuters I/B/E/S.Sees fy 2017 revenue about $20 million.Sees fy 2017 earnings per share $2.95 to $3.10.Fy2017 earnings per share view $3.02, revenue view $1.58 billion -- Thomson Reuters I/B/E/S.John Bean Technologies Corp - for q2 of 2017, inbound orders of $418 million increased 36 percent from prior year.Qtrly backlog improved 16 percent from year-ago period.John Bean Technologies Corp - JBT is raising its revenue growth guidance to 19 to 20 percent for year.Q3 earnings per share view $0.87 -- Thomson Reuters I/B/E/S.  Full Article

JBT Corp acquires PLF International Ltd
Monday, 31 Jul 2017 04:05pm EDT 

July 31 (Reuters) - John Bean Technologies Corp -:JBT Corporation acquires PLF International Limited.Says ‍purchase price is £28 million​.John Bean Technologies Corp - ‍acquisition of PLF adds annual revenue of approximately $25 million​.John Bean Technologies Corp - ‍company anticipates earnings accretion of $0.03 - $0.05 per share for 2018 and $0.06 - $0.08 per share for 2019 from deal​.John Bean - ‍ costs & purchase price accounting associated with deal expected to have negative impact of about $0.03 per share on 2017 earnings​.  Full Article

JBT Corp signs definitive agreement to acquire manufacturer of military aviation equipment
Friday, 16 Jun 2017 07:30am EDT 

June 16 (Reuters) - John Bean Technologies Corp :JBT Corporation signs definitive agreement to acquire manufacturer of military aviation equipment.Says purchase price will be £10 million before customary post-closing adjustments.Says amss is expected to add annual revenue of approximately $20 million.Says anticipates earnings dilution of approximately $0.03 per share in 2017.Says anticipates accretion of approximately $0.04 per share in 2018.John Bean Technologies says signed an agreement to acquire aircraft maintenance support services ltd.  Full Article

John Bean Technologies enters into fourth amendment to credit agreement dated as of Feb 10, 2015
Monday, 15 May 2017 06:14am EDT 

May 15 (Reuters) - John Bean Technologies Corp :John Bean Technologies- on May 9, co, John Bean Technologies B.V., others entered into fourth amendment to credit agreement dated as of Feb 10, 2015.John Bean Technologies - credit agreement allows co to temporarily increase maximum allowable leverage ratio under credit agreement from 3.5x to 4.0x.John Bean Technologies - fourth amendment amends leverage ratio increase option to expand qualifying event, was previously single permitted acquisition having consideration in excess of $100 million.  Full Article