{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-012982","form_type":"8-K","ticker":"JBTM","cik":"0001433660","company_name":"JBT MAREL Corp","filed_at":"2023-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.850301+00:00","generated_at":"2026-06-16T16:01:03.195502+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"JBT Q1 revenue up 13% to $530M; adjusted EPS $0.94 beats prior year; AeroTech record orders","bullets":["Revenue $530M (+13% YoY); net income $26M ($0.80 EPS); adjusted EPS $0.94 (+7%).","FoodTech revenue $389M (+9%); AeroTech revenue $141M (+25%) with record orders $232M (+51%).","Adjusted EBITDA $70M (+30%); backlog $1.2B; liquidity $543M; net leverage 3.0x.","FY2023 guidance: revenue growth 7-10%, GAAP EPS $4.50-$5.00, adjusted EPS $5.00-$5.50.","Q2 guidance: revenue growth 5-9%, GAAP EPS $0.90-$1.05, adjusted EPS $1.10-$1.25."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-012982","json":"https://secwatch.observer/filing/0001628280-23-012982.json","markdown":"https://secwatch.observer/filing/0001628280-23-012982.md","text":"https://secwatch.observer/filing/0001628280-23-012982.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1433660/000162828023012982/0001628280-23-012982-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1433660/000162828023012982/jbt-20230425.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T16:01:03.195502+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":"8882e916ef7c5650398a4dfc8cd51484bfd4142e","claim":"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.","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1433660/000162828023012982/0001628280-23-012982-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Revenue","value":"Revenue of $530 million"},{"label":"Net income","value":"Net income of $26 million"},{"label":"EPS","value":"Diluted EPS of $0.80"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"cfda1d72efe84b11c16834d74b9f33ed9d259409","claim":"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-$5.50 (FY). Guidance reaffirmed.","evidence_excerpt":"The table below reflects consolidated JBT guidance. Q2 2023 Guidance FY 2023 Guidance Revenue growth (year over year) 5 - 9% 7 - 10% Net income ($ 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","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1433660/000162828023012982/0001628280-23-012982-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter 2023 and full year 2023"},{"label":"Revenue","value":"Revenue growth 5-9% (Q2) and 7-10% (FY)"},{"label":"Net income","value":"Net income $29-$34 million (Q2) and $145-$161 million (FY)"},{"label":"EPS","value":"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)"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}