Investing.com - John Bean Tech reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
John Bean Tech announced earnings per share of $1.27 on revenue of $555.00. Analysts polled by Investing.com anticipated EPS of $1.19 on revenue of $556.5M.
John Bean Tech shares are up 102.69% from the beginning of the year, still down 46.99% from its 52 week high of $177.56 set on November 22, 2021.
John Bean Tech shares gained 5.17% in after-hours trade following the report.
John Bean Tech follows other major Industrials sector earnings this month
John Bean Tech's report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of $2.99 on revenue of $24.2B, compared to forecasts EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on Tuesday with third quarter EPS of $1.21 on revenue of $17B, compared to forecast for EPS of $1.14 on revenue of $17.31B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar