JBT Marel (NYSE:JBTM – Get Free Report) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 5.500-6.100 for the period, compared to the consensus estimate of 5.130. The company issued revenue guidance of $3.6 billion-$3.7 billion, compared to the consensus revenue estimate of $3.7 billion.
Analysts Set New Price Targets
Separately, CL King initiated coverage on JBT Marel in a research report on Wednesday, January 22nd. They set a “buy” rating and a $143.00 price target on the stock.
View Our Latest Stock Report on JBT Marel
JBT Marel Price Performance
JBT Marel (NYSE:JBTM – Get Free Report) last announced its earnings results on Monday, February 24th. The company reported $1.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.80 by ($0.10). JBT Marel had a net margin of 10.25% and a return on equity of 10.16%. As a group, equities research analysts anticipate that JBT Marel will post 5.21 earnings per share for the current fiscal year.
JBT Marel Company Profile
JBT Marel Corporation provides technology solutions to food and beverage industry in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. It offers value-added processing that includes chilling, mixing/grinding, injecting, blending, marinating, tumbling, flattening, forming, portioning, coating, cooking, frying, freezing, extracting, pasteurizing, sterilizing, concentrating, high pressure processing, weighing, inspecting, filling, closing, sealing, end of line material handling, and packaging solutions to the food, beverage, and health market.
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