Executive readout · one minute
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JBTM
$109.06
+0.13%
JBTM
· JBT MAREL Corp
$109.06
+0.14 (+0.13%)
At close · Oct 27
Return incl. dividend (before tax)
Market Cap
$5.65B
Shares
51.88M
Volume · Oct 27
54.53K
Avg daily vol (3M)
569.12K
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Earnings call · FY2022 Q1
JBT MAREL Corp (JBTM) Q1 2022 Earnings Call
Revenue
$356.30M
-14.7% YoY
Diluted EPS
$0.80
-4.8% YoY
Gross margin · derived Q4
33.7%
Net income
$25.70M
-4.8% YoY
Forward guidance
21 guided metrics
Management's latest ranges and targets are included below.
Research coverage
2 live sources
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Forward guidance
From the 8-K filed Apr 26, 2022.
| Metric | Period | Guided | Basis | Actual |
|---|---|---|---|---|
|
Consolidated revenue growth
second quarter of 2022
|
15% – 17% | — | — | |
|
FoodTech organic revenue growth
second quarter of 2022
|
11% – 13% | Non-GAAP | — | |
|
AeroTech revenue growth
second quarter of 2022
|
20% – 25% | — | — | |
|
FoodTech operating margin
second quarter of 2022
|
13% – 14% | — | — | |
|
FoodTech adjusted EBITDA margin
second quarter of 2022
|
17.5% – 18.5% | Non-GAAP | — | |
|
AeroTech operating margin
second quarter of 2022
|
7% – 8% | — | — | |
|
AeroTech adjusted EBITDA margin
second quarter of 2022
|
8% – 9% | Non-GAAP | — | |
|
Quarterly corporate expense as percent of sales
quarterly 2022
|
2.8% | — | — | |
|
Interest expense
quarterly 2022
|
$2.5M | — | — | |
|
Quarterly tax rate, excluding discrete items
quarterly 2022
|
22% – 23% | — | — | |
|
Earnings per share guidance, as adjusted
second quarter 2022
|
$1.05 – $1.20 | Non-GAAP | — | |
|
Earnings per share guidance
second quarter 2022
|
$1.00 – $1.15 | GAAP | $1.07 within | |
|
FoodTech year over year revenue growth
full year 2022
|
15% – 18% | — | — | |
|
FoodTech operating margin
full year 2022
|
13.75% – 14.75% | — | — | |
|
AeroTech year over year revenue growth
full year 2022
|
18% – 22% | — | — | |
|
AeroTech adjusted EBITDA margin
full year 2022
|
9.5% – 10.5% | Non-GAAP | — | |
|
FoodTech adjusted EBITDA margin
full year 2022
|
18.5% – 19.5% | Non-GAAP | — | |
|
AeroTech operating margin
full year 2022
|
8.5% – 9.5% | — | — | |
|
Earnings per share guidance
full year 2022
|
$4.70 – $5.00 | GAAP | $4.28 below | |
|
Earnings per share guidance, as adjusted
full year 2022
|
$5.00 – $5.30 | Non-GAAP | — | |
|
Effective tax rate, excluding discrete items
full year 2022
|
22% – 23% | — | — |
Quarter detail
How the reported period landed and where the business moved.
SEC filing · Item 2.02
8-K earnings release
Filed Apr 26, 2022 · complete as-filed document
SEC periodic report
10-Q report
Filed Apr 29, 2022 · complete as-filed document