---
schema_version: "secwatch.filing_event.v1"
accession: "0001433660-23-000036"
form_type: "8-K"
ticker: "JBTM"
cik: "0001433660"
company_name: "JBT MAREL Corp"
filed_at: "2023-10-24T23:59:59+00:00"
generated_at: "2026-06-09T13:52:26.124466+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# JBT Q3 continuing ops EPS $0.95 (+19% YoY); adjusted EPS $1.11 (+16% YoY); orders +14%; updates FY guidance

## Summary
- Income from continuing ops $31M, EPS $0.95 (+19%); adjusted EPS $1.11 (+16%).
- Revenue $404M (+1% YoY); organic revenue -2%; acquisitions added 3%.
- Orders $398M (+14% YoY); backlog $689M (+4% YoY).
- Adjusted EBITDA $66M (+9%); margin 16.4% (+120 bps).
- Completed sale of AeroTech on Aug 1, 2023 for pre-tax gain of $588M; net debt/EBITDA 0.5x.

## SEC filing metadata
- accession: 0001433660-23-000036
- form_type: 8-K
- ticker: JBTM
- cik: 0001433660
- company_name: JBT MAREL Corp
- filed_at: 2023-10-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1433660/000143366023000036/0001433660-23-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1433660/000143366023000036/jbt-20231024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001433660-23-000036
- JSON: https://secwatch.observer/filing/0001433660-23-000036.json
- Plain text: https://secwatch.observer/filing/0001433660-23-000036.txt

## Key facts
- Earnings Releases
  JBT MAREL Corp reported third quarter ended September 30, 2023 results: revenue $404 million, net income $31 million, EPS $0.95. Guidance reaffirmed.
  - Period: third quarter ended September 30, 2023
  - Revenue: $404 million
  - Net income: $31 million
  - EPS: $0.95
  - Guidance: reaffirmed
  - Result: reported results
  source text: of 2023, and prior period financial results have been recast accordingly. The below paragraphs reflect JBT's results from continuing operations. Third quarter 2023 revenue of $404 million increased 1 percent year over year driven by 3 percent growth from acquisitions, which was partially offset by a 2 percent decline in organic revenue. Income from continuing
  evidence_url: https://www.sec.gov/Archives/edgar/data/1433660/000143366023000036/0001433660-23-000036-index.htm

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