John Bean Technologies Earnings Preview: Can This Streak Continue?

John Bean Technologies (NYSE:JBT) will report earnings after markets close on Tuesday, May 7th. John Bean Technologies Corporation manufactures food processing machinery. The Company produces equipment for freezing and chilling poultry, meat, fruits, vegetables and baked products; poultry, meat and seafood processing equipment; sterilization equipment; and fruit processing equipment. John Bean also offers ground support services to airlines.

Here is your Cheat Sheet to John Bean Technologies Earnings:

Earnings Expectations: Analysts expect earnings of $0.19 per share on revenues of $209.70 million. Currently, the company’s P/E ratio stands at 16.22.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.35 to a profit $0.36. For the current year, the average estimate is a profit of $1.46, which is better than the estimate ninety days ago.

The stock market is at 5-year highs! Discover the best stocks to buy in today’s market. CLICK HERE for Your Stock Investor Cheat Sheet NOW!

Earnings Trends:

Here’s how John Bean Technologies has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 1,028 841.60 880.40 955.80 917.30
Diluted EPS ($) 1.59 1.15 1.28 1.04 1.23

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 271.50 204.70 214.40 205.30 292.90
Diluted EPS ($) 0.2338 0.13 0.26 0.20 0.6026

Past Performance:
John Bean Technologies has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]