John Bean Technologies (JBT) Scheduled to Post Quarterly Earnings on Wednesday

John Bean Technologies (NYSE:JBT) is scheduled to announce its earnings results after the market closes on Wednesday, May 1st. Analysts expect the company to announce earnings of $0.82 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

John Bean Technologies (NYSE:JBT) last issued its earnings results on Wednesday, February 21st. The industrial products company reported $1.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.36 by $0.04. The business had revenue of $444.60 million during the quarter, compared to analyst estimates of $445.81 million. John Bean Technologies had a return on equity of 12.15% and a net margin of 33.53%. John Bean Technologies’s revenue for the quarter was up .8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.49 earnings per share. On average, analysts expect John Bean Technologies to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

John Bean Technologies Trading Down 0.1 %

Shares of JBT traded down $0.12 during mid-day trading on Tuesday, reaching $90.28. The company’s stock had a trading volume of 36,544 shares, compared to its average volume of 214,741. The company has a current ratio of 2.27, a quick ratio of 1.78 and a debt-to-equity ratio of 0.43. John Bean Technologies has a 52 week low of $88.03 and a 52 week high of $125.88. The company’s fifty day moving average price is $98.27 and its two-hundred day moving average price is $100.39. The stock has a market cap of $2.87 billion, a PE ratio of 4.80, a P/E/G ratio of 1.45 and a beta of 1.29.

John Bean Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 25th. Shareholders of record on Monday, March 11th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.44%. The ex-dividend date of this dividend was Friday, March 8th. John Bean Technologies’s dividend payout ratio is presently 2.12%.

Analyst Ratings Changes

Separately, Robert W. Baird reaffirmed an “outperform” rating and issued a $121.00 price target on shares of John Bean Technologies in a research note on Monday, January 22nd. One research analyst has rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat, John Bean Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $121.00.

John Bean Technologies Company Profile

John Bean Technologies Corporation provides technology solutions to food and beverage industry in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. It offers value-added processing that includes chilling, mixing/grinding, injecting, blending, marinating, tumbling, flattening, forming, portioning, coating, cooking, frying, freezing, extracting, pasteurizing, sterilizing, concentrating, high pressure processing, weighing, inspecting, filling, closing, sealing, end of line material handling, and packaging solutions to the food, beverage, and health market.