Profile
Sector:
IndustrialsIndustry:
Specialty Industrial MachineryCountry:
United StatesIPO:
22 July 2008Website:
http://www.jbtc.comNext earnings report:
01 August 2024Last dividends:
22 May 2024Next dividends:
N/APrice
after hours | Wed, 03 Jul 2024 20:20:00 GMTAnalysts recommendations
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Included in screeners
JBT Latest News
The Industrial Products sector is currently the fifth-ranked sector out of 16 Zacks sectors and several manufacturing stocks are standing out in particular.
John Bean (JBT) expects to close the Marel deal by the end of 2024, creating a combined company, JBT Marel Corporation, with estimated revenues of around $4 billion.
CHICAGO--(BUSINESS WIRE)--JBT Corporation (NYSE: JBT), a leading global technology solutions provider to high-value segments of the food and beverage industry, today announced that the Icelandic Financial Supervisory Authority of the Central Bank of Iceland (FSA) has approved the offer document and prospectus related to JBT's voluntary takeover offer to acquire all issued and outstanding shares of Marel hf. (ICL: Marel). JBT will officially launch the offer on Monday, June 24, 2024. Voluntary T.
CHICAGO--(BUSINESS WIRE)--JBT Corporation (NYSE: JBT), a leading global technology solutions provider to high-value segments of the food and beverage industry, today announced that it expects the Icelandic Financial Supervisory Authority of the Central Bank of Iceland (FSA) to imminently approve the offer document and prospectus related to JBT's voluntary takeover offer to acquire all issued and outstanding shares of Marel hf. (ICL: Marel). Following the FSA's approval of the required documents.
John Bean (JBT) is likely to gain from its expected savings from restructuring actions and a pending merger with Marel despite high costs.
Welcome to the JBT Corporation's Q1 2024 Earnings Conference Call with Kedric Meredith, Brian Deck, and Matthew Meister. Good morning, everyone.
John Bean (JBT) reported quarterly earnings of $0.85 per share, exceeding the Zacks Consensus Estimate of $0.82 per share. This is lower than the earnings of $0.94 per share from the previous year.
JBT has the perfect mix of the two main factors for a potential earnings outperformance in its next report. Be ready with the key predictions.
John Bean (JBT) anticipates the Marel transaction to close by the end of 2024.
JBT (JBT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
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What type of business is John Bean Technologies?
John Bean Technologies Corporation is one of the leading global manufacturers and suppliers of equipment for the food industry and airports. The company was founded in 2008. The headquarters is located in Chicago, Illinois (USA). JBT Corporation operates in two segments: JBT FoodTech: equipment for processing poultry, liquids, and other products (mixing/grinding, marinating, portioning, packaging, etc.), as well as autonomous, robotic, and other systems for moving goods in production and warehouse facilities. JBT AeroTech: mobile equipment for loading cargo at airports, de-icing and towing aircraft, and other services for maintaining airport systems and facilities. The company also provides ongoing preventative maintenance and consulting services.
What sector is John Bean Technologies in?
John Bean Technologies is in the Industrials sector
What industry is John Bean Technologies in?
John Bean Technologies is in the Specialty Industrial Machinery industry
What country is John Bean Technologies from?
John Bean Technologies is headquartered in United States
When did John Bean Technologies go public?
John Bean Technologies initial public offering (IPO) was on 22 July 2008
What is John Bean Technologies website?
https://www.jbtc.com
Is John Bean Technologies in the S&P 500?
No, John Bean Technologies is not included in the S&P 500 index
Is John Bean Technologies in the NASDAQ 100?
No, John Bean Technologies is not included in the NASDAQ 100 index
Is John Bean Technologies in the Dow Jones?
No, John Bean Technologies is not included in the Dow Jones index
When does John Bean Technologies report earnings?
The next expected earnings date for John Bean Technologies is 01 August 2024