Earnings Outlook For John Bean Techs
Portfolio Pulse from Benzinga Insights
John Bean Techs (NYSE:JBT) is set to announce its quarterly earnings on October 22, 2024. Analysts expect an EPS of $1.40. The market is optimistic about the company surpassing estimates and providing positive guidance. Last quarter, despite missing EPS by $0.17, the stock rose by 1.79% the next day. Shares are currently trading at $98.65, up 1.18% over the past year.
October 21, 2024 | 6:02 pm
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John Bean Techs is expected to announce its quarterly earnings with an EPS estimate of $1.40. The market is optimistic about the company surpassing estimates and providing positive guidance, which could drive stock prices.
The upcoming earnings announcement is a significant event for JBT, with analysts expecting an EPS of $1.40. The market's optimism for positive guidance suggests a potential positive impact on the stock price. Historically, even when JBT missed EPS estimates, the stock price increased, indicating investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100