---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-019641"
form_type: "8-K"
ticker: "JBTM"
cik: "0001433660"
company_name: "JBT MAREL Corp"
filed_at: "2024-05-01T23:59:59+00:00"
generated_at: "2026-06-03T02:38:20.810446+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# JBT Q1: EPS $0.71 (+34%), adj EPS $0.85 (+39%); revenue $392M (+1%); FY guidance reiterated; Marel deal on track

## Summary
- Q1 revenue $392M (+1% YoY); GAAP EPS $0.71 (+34%); adjusted EPS $0.85 (+39%).
- Adjusted EBITDA $57M (+6%); margin 14.6% (+60 bps). Orders $389M (-4%).
- FY 2024 guidance reiterated: revenue $1,735-1,765M, adj EBITDA $295-310M, adj EPS $5.05-5.45.
- Marel combination: definitive agreement signed Apr 4; expects >$125M annual cost synergies within 3 years; targeting close by end of 2024.
- Operating cash flow $10M; free cash flow $1M; net leverage 0.6x.

## SEC filing metadata
- accession: 0001628280-24-019641
- form_type: 8-K
- ticker: JBTM
- cik: 0001433660
- company_name: JBT MAREL Corp
- filed_at: 2024-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1433660/000162828024019641/0001628280-24-019641-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1433660/000162828024019641/jbt-20240501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-019641
- JSON: https://secwatch.observer/filing/0001628280-24-019641.json
- Plain text: https://secwatch.observer/filing/0001628280-24-019641.txt

## Key facts
- Earnings Releases
  JBT MAREL Corp reported first quarter ended March 31, 2024 results: revenue $392 million, net income $23 million (income from continuing operations), EPS $0.71 diluted earnings per share.
  - Period: first quarter ended March 31, 2024
  - Revenue: $392 million
  - Net income: $23 million (income from continuing operations)
  - EPS: $0.71 diluted earnings per share
  - Result: reported results
  source text: Year 2024 Adjusted EBITDA and Adjusted EPS Guidance First Quarter Highlights: (Results are from continuing operations with comparisons to the prior year period) ◦ Revenue of $392 million increased 1 percent ◦ Income from continuing operations of $23 million and earnings per share of $0.71 increased 33 percent and 34 percent, respectively ◦ Adjusted EBITDA of $57
  evidence_url: https://www.sec.gov/Archives/edgar/data/1433660/000162828024019641/0001628280-24-019641-index.htm

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