Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
JBT MAREL Corp reported first quarter ended March 31, 2023 results: revenue Revenue of $530 million, net income Net income of $26 million, EPS Diluted EPS of $0.80.
- Period
- first quarter ended March 31, 2023
- Revenue
- Revenue of $530 million
- Net income
- Net income of $26 million
- EPS
- Diluted EPS of $0.80
- Result
- reported results
Exact text from the filing
In total, consolidated JBT revenue of $530 million increased 13 percent year over year. Net income of $26 million was consistent with the prior year while adjusted EBITDA of $70 million increased 30 percent. Diluted earnings per share (EPS) from net income of $0.80 was consistent, and adjusted EPS of $0.94 increased 7 percent.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
JBT MAREL Corp reported second quarter 2023 and full year 2023 results: revenue Revenue growth 5-9% (Q2) and 7-10% (FY), net income Net income $29-$34 million (Q2) and $145-$161 million (FY), EPS GAAP EPS $0.90-$1.05 (Q2) and $4.50-$5.00 (FY); Adjusted EPS $1.10-$1.25 (Q2) and $5.00-$5.50 (FY). Guidance reaffirmed.
- Period
- second quarter 2023 and full year 2023
- Revenue
- Revenue growth 5-9% (Q2) and 7-10% (FY)
- Net income
- Net income $29-$34 million (Q2) and $145-$161 million (FY)
- EPS
- GAAP EPS $0.90-$1.05 (Q2) and $4.50-$5.00 (FY); Adjusted EPS $1.10-$1.25 (Q2) and $5.00-$5.50 (FY)
- Guidance
- reaffirmed
- Result
- guidance update
Exact text from the filing
The table below reflects consolidated JBT guidance. Q2 2023 Guidance FY 2023 Guidance Revenue growth (year over year) 5 - 9% 7 - 10% Net income ($ millions) $29 - $34 $145 - $161 Adjusted EBITDA (1) ($ millions) $77 - $85 $330 - $360 GAAP EPS $0.90 - $1.05 $4.50 - $5.00 Adjusted EPS (1) $1.10 - $1.25 $5.00 - $5.50
View on SEC.gov