JBT Corporation Sees FY24 Adj. EPS $5.05-$5.45 vs $5.16 Est., Revenue $1.735B-$1.765B vs $1.76B Est.
Portfolio Pulse from Benzinga Newsdesk
JBT Corporation projects its FY24 adjusted EPS to be between $5.05 and $5.45, compared to the estimated $5.16. The company also forecasts revenue to range from $1.735 billion to $1.765 billion, against an estimate of $1.76 billion.

May 01, 2024 | 10:14 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
JBT Corporation anticipates its FY24 adjusted EPS to be in the range of $5.05 to $5.45, which is around the analysts' consensus of $5.16. Revenue is expected to be between $1.735 billion and $1.765 billion, slightly below the consensus estimate of $1.76 billion.
JBT's forecasted EPS and revenue for FY24 are closely aligned with analyst estimates, indicating a stable outlook. The slight variance in projections versus estimates suggests a cautious but positive outlook, unlikely to cause significant short-term price movement.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100