---
schema_version: "secwatch.filing_event.v1"
accession: "0001433660-23-000026"
form_type: "8-K"
ticker: "JBTM"
cik: "0001433660"
company_name: "JBT MAREL Corp"
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T17:40:02.324546+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# JBT Q2 continuing ops adj. EPS $0.97 beat implied guidance; AeroTech sale closed for $800M

## Summary
- Revenue from continuing ops $428M (+9% YoY); income $28M; adjusted EBITDA $71M (+34%) with margin 16.7%.
- Adjusted EPS $0.97 vs implied guidance $0.70-0.85; GAAP EPS $0.87.
- Completed sale of AeroTech to Oshkosh for $800M; expects net proceeds ~$650M.
- FY 2023 continuing ops guidance: revenue $1.67-1.72B, adj. EPS $3.80-4.05; Q3 adj. EPS $0.90-1.05.
- Restructuring expense $11-13M in FY23; estimated annualized savings $18-20M by mid-2024.

## SEC filing metadata
- accession: 0001433660-23-000026
- form_type: 8-K
- ticker: JBTM
- cik: 0001433660
- company_name: JBT MAREL Corp
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1433660/000143366023000026/0001433660-23-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1433660/000143366023000026/jbt-20230801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001433660-23-000026
- JSON: https://secwatch.observer/filing/0001433660-23-000026.json
- Plain text: https://secwatch.observer/filing/0001433660-23-000026.txt

## Key facts
- Earnings Releases
  JBT MAREL Corp reported second quarter ended June 30, 2023 results: revenue $428 million, net income $28 million, EPS $0.87.
  - Period: second quarter ended June 30, 2023
  - Revenue: $428 million
  - Net income: $28 million
  - EPS: $0.87
  - Result: reported results
  source text: provider with the previously announced sale of AeroTech to Oshkosh Corporation for $800 million; transaction closed on August 1, 2023 ◦ Revenue from continuing operations of $428 million increased 9 percent ◦ Income from continuing operations of $28 million and earnings per share of $0.87 increased 8 and 9 percent, respectively ◦ Adjusted EBITDA from continuing
  evidence_url: https://www.sec.gov/Archives/edgar/data/1433660/000143366023000026/0001433660-23-000026-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.