As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the general industrial machinery industry, including John Bean (NYSEJBT) and its peers.

JBT Marel Corporation (NYSE and Nasdaq Iceland: JBTM), a leading global technology solutions provider to high-value segments of the food and beverage industry, today announced JBT Corporation’s completion of the settlement of its voluntary takeover offer to acquire all issued and outstanding shares of Marel hf. (Marel) that were validly tendered by Marel shareholders prior to the expiration of the voluntary takeover offer on December 20, 2024, at 12:00 PM GMT.

Let’s dig into the relative performance of Icahn Enterprises (NASDAQIEP) and its peers as we unravel the now-completed Q3 general industrial machinery earnings season.

Let’s dig into the relative performance of Luxfer (NYSELXFR) and its peers as we unravel the now-completed Q3 general industrial machinery earnings season.

JBT Corporation (NYSEJBT), a leading global technology solutions provider to high-value segments of the food and beverage industry, today announced that JBT’s voluntary takeover offer to acquire all issued and outstanding shares of Marel hf. (ICL: Marel) expired on December 20, 2024, at 12:00 PM GMT.

As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the general industrial machinery industry, including Illinois Tool Works (NYSEITW) and its peers.

JBT Corporation (NYSEJBT), a leading global technology solutions provider to high-value segments of the food and beverage industry, today announced that JBT and Marel hf. (ICL: Marel) will host a joint webcast on Wednesday, December 11, 2024, at 8:00 AM ET / 1:00 PM GMT to further discuss the combination prior to the expiration of the voluntary takeover offer.

JBT Corporation (NYSEJBT) announced that on December 3, 2024, its Board of Directors declared a quarterly cash dividend of $0.10 per share of outstanding common stock. The dividend will be payable on December 27, 2024, to stockholders of record at the close of business on December 13, 2024.

JBT Corporation (NYSEJBT), a leading global technology solutions provider to high-value segments of the food and beverage industry, today announced receipt of all remaining regulatory clearances required to complete its proposal to acquire all issued and outstanding shares of Marel hf. (ICL: Marel). On November 26, 2024, the European Commission (E.C.) adopted a clearance decision at the end of its Phase 1 review period. Additionally, on November 22, 2024, JBT received formal confirmation that the Australian Competition and Consumer Commission does not oppose the transaction.

JBT Corporation (NYSEJBT), a leading global technology solutions provider to high-value segments of the food and beverage industry, today announced that the Financial Supervisory Authority of the Central Bank of Iceland (FSA) has granted an extension of the expiration of JBT’s voluntary takeover offer to acquire all issued and outstanding shares of Marel hf. (ICL: Marel).

Manufacturing company Illinois Tool Works (NYSEITW) will be reporting results tomorrow morning. Here’s what you need to know.

Elevator manufacturer Otis (NYSEOTIS) will be reporting results tomorrow before the bell. Here’s what to look for.

Industrial equipment and engineered products manufacturer Albany (NYSEAIN) will be announcing earnings results tomorrow after market hours. Here’s what you need to know.

Material handling equipment manufacturer Columbus McKinnon (NASDAQCMCO) will be reporting results tomorrow before market hours. Here’s what investors should know.

Manufacturing company Stanley Black & Decker (NYSESWK) will be announcing earnings results tomorrow before the bell. Here’s what to expect.

Welding and cutting equipment manufacturer ESAB (NYSEESAB) will be reporting earnings tomorrow before the bell. Here’s what to look for.

Industrial equipment manufacturer Kadant (NYSEKAI) will be reporting results tomorrow after market hours. Here’s what to look for.

Industrial conglomerate Crane Company (NYSECR) will be reporting earnings tomorrow after market close. Here’s what you need to know.

Shares of food processing and aviation equipment manufacturer John Bean (NYSEJBT) jumped 15.5% in the afternoon session after the company reported third-quarter earnings results that exceeded analysts' revenue and EPS estimates. The top line benefitted from improved demand from global poultry customers. Backlog (orders placed but not processed) was also strong, exceeding Wall Street's expectations. Overall, this was a strong quarter.

Food processing and aviation equipment manufacturer John Bean (NYSEJBT) beat Wall Street’s revenue expectations in Q3 CY2024, with sales up 12.4% year on year to $453.8 million. The company expects the full year’s revenue to be around $1.73 billion, close to analysts’ estimates. Its non-GAAP profit of $1.50 per share was also 6.8% above analysts’ consensus estimates.

JBT Corporation (NYSEJBT), a leading global technology solutions provider to high-value segments of the food & beverage industry, today reported results for the third quarter of 2024.

JBT Corporation (NYSEJBT) will report third quarter 2024 financial results after the market closes on Tuesday, October 22, 2024. A conference call is scheduled for 10:00 AM ET on Wednesday, October 23, 2024.

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