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John Bean Technologies Corporation (NYSE:JBT ) Q2 2024 Earnings Conference Call July 31, 2024 11:00 AM ET Company Participants Kedric Meredith - Vice President, Corporate Development and Investor Relations Brian Deck - Chief Executive Officer Matt Meister - Chief Financial Officer Conference Call Participants Meg Dobre - RW Baird Sam Karlov - William Blair Operator Good morning, and welcome to JBT Corporation Second Quarter 2024 Earnings Conference Call. My name is Krista, and I will be your conference operator today.

John Bean (JBT) came out with quarterly earnings of $1.05 per share, missing the Zacks Consensus Estimate of $1.24 per share. This compares to earnings of $0.97 per share a year ago.

CHICAGO--(BUSINESS WIRE)--JBT Corporation (NYSE: JBT), a leading global technology solutions provider to high-value segments of the food & beverage industry, today reported results for the second quarter of 2024. "As expected, JBT's second quarter orders improved sequentially driven primarily by an initial recovery in equipment demand from North American poultry customers and continued strength in warehouse automation," said Brian Deck, President and Chief Executive Officer. "Our second qua.

JBT (JBT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

CHICAGO--(BUSINESS WIRE)--JBT Corporation (NYSE: JBT) will report second quarter 2024 financial results after the market closes on Tuesday, July 30, 2024. A conference call is scheduled for 11:00 a.m. ET on Wednesday, July 31, 2024. Please register in advance to participate in the conference call: Conference Call Registration Upon registering for the conference call, participants will receive dial-in information, as well as a unique registrant and conference ID that they will use to access the.

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.

JBT (JBT) reported earnings 30 days ago. What's next for the stock?