JBT Corporation Sees FY24 Adj. EPS $5.05-$5.35 vs $5.16 Est., Revenue $1.715B-$1.75B vs $1.74B Est.
Portfolio Pulse from Benzinga Newsdesk
JBT Corporation has provided its financial guidance for FY24, projecting adjusted EPS between $5.05 and $5.35, compared to the estimated $5.16. The company also expects revenue to be in the range of $1.715 billion to $1.75 billion, against the estimated $1.74 billion.
July 30, 2024 | 8:55 pm
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JBT Corporation has released its FY24 financial guidance, with adjusted EPS expected to be between $5.05 and $5.35, compared to the estimated $5.16. Revenue is projected to be in the range of $1.715 billion to $1.75 billion, against the estimated $1.74 billion.
The guidance provided by JBT Corporation is slightly above the market estimates for both adjusted EPS and revenue. This positive outlook is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100