Earnings Outlook For John Bean Techs
Portfolio Pulse from Benzinga Insights
John Bean Techs (NYSE:JBT) is scheduled to release its quarterly earnings report on February 20, 2024, with an expected EPS of $1.36. Historical data shows that JBT's stock price reacts positively to earnings beats and guidance updates. Last quarter, JBT beat the EPS estimate by $0.13, leading to a 10.04% stock price increase. Over the past year, JBT shares have declined by 2.67%, indicating a bearish sentiment among long-term shareholders.
February 19, 2024 | 6:01 pm
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John Bean Techs is expected to report an EPS of $1.36 for the upcoming quarter. Historical performance indicates a positive stock price reaction to earnings beats and guidance updates.
Given JBT's history of positive stock price reactions to earnings beats and guidance updates, a similar outcome could be expected if JBT meets or exceeds the EPS estimate. However, the overall bearish sentiment from a yearly perspective suggests caution.
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