When is the Earnings Report for JBT?
If you’re wondering when is the earnings report for JBT, you’ve come to the right place. The company’s latest earnings report was released on September 25, and the next step is to look at the underlying numbers. The company’s earnings outlook is a reliable indicator of future stock performance. It takes into account the latest changes to analysts’ estimates and the current consensus earnings estimate. Based on empirical evidence, there is a strong correlation between near-term stock movements and revisions to earnings estimates. That’s why Zacks Rank is one of the best indicators of earnings estimates.
John Bean Technologies Inc. reported quarterly earnings of $1.190/share for the second quarter of 2021. The company filed its latest 10-Q with the SEC on 7/27/2021. The calendar of earnings dates can be very beneficial for self-directed investors. John Bean Technologies files earnings reports four times a year, meaning that there are several different opportunities to invest in the company. In addition to earnings reports, the company also files 14Q’s with the SEC.
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The company also signed a definitive agreement to acquire Bevcorp, a leading provider of beverage processing solutions. Based in Eastlake, Ohio, Bevcorp provides blending, handling, filling, and closing solutions to high-value segments of the beverage market. Its products include carbonated soft drinks, energy drinks, and alcoholic beverage blends. The transaction is expected to close in the second quarter of 2022.
JBT Corporation is an international technology solutions provider that serves high-value segments of the food and beverage industries. Its recent acquisition of Bevcorp provides innovative products and systems for the beverage industry. The company also supplies equipment for airports and airfreight companies. However, JBT is most widely known for its aviation solutions, and those products and services are also sold in the aviation industry. It employs approximately 3,100 people and operates 16 manufacturing facilities in 10 countries.
