JBT Corp. Q3 Profit Rises - Quick Facts

(RTTNews) - JBT Corporation (JBT) reported third-quarter net income of $9.0 million or $0.30 per share, compared to $6.8 million or $0.23 per share, prior year. Adjusted earnings per share from continuing operations was $0.36, for the quarter.

On average, three analysts polled by Thomson Reuters expected the company to report profit per share of $0.30 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased to $243.2 million from $233.5 million last year. Analysts expected revenue of $240.75 million for the quarter.

For the full year, the company projects earnings from continuing operations of $1.45 - $1.55 per share on an adjusted diluted basis and $0.92 - $1.02 on a GAAP basis. Analysts expect the company to report full year earnings per share of $1.51.