{"schema_version":"secwatch.filing_event.v1","accession":"0001433660-24-000004","form_type":"8-K","ticker":"JBTM","cik":"0001433660","company_name":"JBT MAREL Corp","filed_at":"2024-02-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.175976+00:00","generated_at":"2026-06-05T22:58:48.823639+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"JBT Q4 EPS $1.64 (+69%); adj EPS $1.40; FY adj EBITDA margin 16.4%; Marel offer €3.60","bullets":["Q4 revenue $445M (+1%); net income $53M (+69%); adjusted EBITDA $81M, margin 18.2% (+260 bps).","Full-year 2023 revenue $1,664M (+5%); adjusted EBITDA $273M (+20%); free cash flow $167M (129% conversion).","FY2024 guidance: revenue $1,750-1,780M; adj EBITDA $295-310M (margin 17.0-17.5%); adj EPS $5.05-$5.45.","Potential Marel merger: offer €3.60/share, 65% JBT stock/35% cash; launch expected Q2 2024, subject to conditions.","Net leverage 0.6x; backlog $678M (+2%); orders $1,668M (+5%); FIFO inventory method change adopted."],"urls":{"canonical":"https://secwatch.observer/filing/0001433660-24-000004","json":"https://secwatch.observer/filing/0001433660-24-000004.json","markdown":"https://secwatch.observer/filing/0001433660-24-000004.md","text":"https://secwatch.observer/filing/0001433660-24-000004.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1433660/000143366024000004/0001433660-24-000004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1433660/000143366024000004/jbt-20240220.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T22:58:48.823639+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"fc0d9a00e09499b48699f7891c45c2496cd6ea79","claim":"JBT MAREL Corp reported fourth quarter and fiscal year ended December 31, 2023 results: revenue $445 million, net income $53 million, EPS $1.64. Guidance reaffirmed.","evidence_excerpt":"This election change does not impact adjusted EBITDA or adjusted earnings per share as JBT’s metrics already reflected a FIFO accounting basis. Fourth quarter 2023 revenue of $445 million increased 1 percent year over year. Income from continuing operations of $53 million increased 69 percent. Included in income from continuing operations was an $11 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1433660/000143366024000004/0001433660-24-000004-index.htm","confidence":0.99,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter and fiscal year ended December 31, 2023"},{"label":"Revenue","value":"$445 million"},{"label":"Net income","value":"$53 million"},{"label":"EPS","value":"$1.64"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}