earnings
confidence high
sentiment neutral
materiality 0.70
JBT Marel Q2 revenue $981M, adjusted EPS $1.95; reiterates FY guidance
JBT MAREL Corp
- Revenue $981M (+5% YoY); net income $28M vs $3M; diluted EPS $0.54 vs $0.07.
- Adjusted EBITDA $168M (17.1% margin, +40bps); adjusted EPS $1.95 vs $1.49.
- Orders $1.03B (book-to-bill 1.05x); backlog $1.54B; Protein Solutions margin up 350bps.
- Prepared Food & Beverage Solutions revenue flat; margin down 70bps on logistics constraints.
- FY 2026 guidance: revenue $3.99-4.065B, adj. EBITDA margin 17.0-17.5%, adj. EPS $7.85-8.35.