Will John Bean Technologies Beat These Analyst Estimates?

Before you go, we thought you'd like these...
Before you go close icon

John Bean Technologies (NYS: JBT) is expected to report Q2 earnings around Aug. 6. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict John Bean Technologies's revenues will increase 5.1% and EPS will compress 0.0%.

The average estimate for revenue is $225.2 million. On the bottom line, the average EPS estimate is $0.27.


Revenue details
Last quarter, John Bean Technologies booked revenue of $185.7 million. GAAP reported sales were 9.3% lower than the prior-year quarter's $204.7 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.

EPS details
Last quarter, EPS came in at $0.14. GAAP EPS of $0.14 for Q1 were 7.7% higher than the prior-year quarter's $0.13 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.

Recent performance
For the preceding quarter, gross margin was 27.1%, 250 basis points better than the prior-year quarter. Operating margin was 3.6%, 30 basis points worse than the prior-year quarter. Net margin was 2.2%, 30 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $973.2 million. The average EPS estimate is $1.46.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 108 members out of 109 rating the stock outperform, and one members rating it underperform. Among 45 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 45 give John Bean Technologies a green thumbs-up, and give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on John Bean Technologies is outperform, with an average price target of $22.67.

The rich are different than you and me: They might not notice the moneymaking stories right under our noses. In our new report, "Middle-Class Millionaire-Makers: 3 Stocks Wall Street's Too Rich to Notice," we give you three Peter Lynch-inspired buy-what-you-know stocks for the 99%. Click here for instant access to this free report.

The article Will John Bean Technologies Beat These Analyst Estimates? originally appeared on Fool.com.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool owns shares of John Bean Technologies. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners