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John Bean Technologies Q1 2023 Earnings Report

John Bean Technologies EPS Results

Actual EPS
$0.94
Consensus EPS
$0.72
Beat/Miss
Beat by +$0.22
One Year Ago EPS
$0.87

John Bean Technologies Revenue Results

Actual Revenue
$529.50 million
Expected Revenue
$513.54 million
Beat/Miss
Beat by +$15.96 million
YoY Revenue Growth
+12.90%

John Bean Technologies Announcement Details

Quarter
Q1 2023
Time
After Market Closes

Conference Call Resources

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About John Bean Technologies

John Bean Technologies (NYSE:JBT) 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. In addition, it offers automated guided vehicle systems for material movement in the manufacturing, warehouse, and medical facilities. It serves baby food, bakery and confectionery, citrus processing, fruits and nuts, juices, non-food, pet food, pharmaceutical, plant- based beverages and protein, poultry, meat, and seafood, ready meals, oils, soups, sauces, seasoning and dressings, automotive, building material, tissue, paper, and packaging, hospitals, pharma and life sciences, fast moving consumer goods, manufacturing, warehousing, and other industries. The company markets and sells its products and solutions through direct sales force, independent distributors, sales representatives, and technical service teams. John Bean Technologies Corporation was incorporated in 1994 and is headquartered in Chicago, Illinois.

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