JBT Corporation Sees FY24 Adj. EPS $5.05-$5.45 vs $4.85 Est., Revenue $1.75B-$1.78B vs $1.76B Est.
Portfolio Pulse from Benzinga Newsdesk
JBT Corporation projects its FY24 adjusted EPS to be between $5.05 and $5.45, surpassing the estimated $4.85. Revenue forecasts range from $1.75B to $1.78B, closely aligning with the $1.76B estimate.
February 20, 2024 | 9:48 pm
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POSITIVE IMPACT
JBT Corporation's FY24 earnings and revenue forecasts exceed expectations, indicating potential growth.
JBT Corporation's projection of higher-than-expected adjusted EPS and revenue for FY24 suggests strong financial health and operational efficiency. This positive outlook is likely to boost investor confidence and potentially lead to an increase in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100