Earnings Outlook For John Bean Techs

John Bean Techs JBT is gearing up to announce its quarterly earnings on Tuesday, 2024-10-22. Here's a quick overview of what investors should know before the release.

Analysts are estimating that John Bean Techs will report an earnings per share (EPS) of $1.40.

The market awaits John Bean Techs's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Overview of Past Earnings

Last quarter the company missed EPS by $0.17, which was followed by a 1.79% increase in the share price the next day.

Here's a look at John Bean Techs's past performance and the resulting price change:

Performance of John Bean Techs Shares

Shares of John Bean Techs were trading at $98.65 as of October 18. Over the last 52-week period, shares are up 1.18%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for John Bean Techs visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.