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 Q4
JBT MAREL Corp (JBTM) Q4 2022 Earnings Call
Revenue
$441.20M
-11.3% YoY
Diluted EPS
$1.28
Gross margin · derived Q4
32.6%
Net income
$41.00M
+26.9% YoY
Forward guidance
20 guided metrics
Management's latest ranges and targets are included below.
Research coverage
2 live sources
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Research materials
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Forward guidance
From the 8-K filed Feb 21, 2023.
| Metric | Period | Guided | Basis | Actual |
|---|---|---|---|---|
|
FoodTech operating profit margin
Q1 2023
|
9.75% – 10.5% | GAAP | — | |
|
AeroTech year-over-year revenue growth
Q1 2023
|
15% – 20% | — | — | |
|
FoodTech adjusted EBITDA margin
Q1 2023
|
16.5% – 17% | Non-GAAP | — | |
|
AeroTech operating profit margin
Q1 2023
|
9.25% – 10.25% | GAAP | — | |
|
Consolidated revenue growth (year over year)
table
Q1 2023
|
7% – 10% | — | — | |
|
AeroTech adjusted EBITDA margin
Q1 2023
|
10% – 11% | Non-GAAP | — | |
|
Corporate expense (% of sales)
table
Q1 2023
|
3.2% | — | — | |
|
GAAP EPS
table
Q1 2023
|
$0.50 – $0.60 | GAAP | $0.85 above | |
|
Tax rate
table
Q1 2023
|
22% – 23% | — | — | |
|
Adjusted EPS
table
Q1 2023
|
$0.65 – $0.75 | Non-GAAP | — | |
|
FoodTech year-over-year revenue growth
Full Year 2023
|
5% – 9% | — | — | |
|
FoodTech operating profit margin
Full Year 2023
|
13% – 14% | GAAP | — | |
|
AeroTech operating profit margin
Full Year 2023
|
11.25% – 11.75% | GAAP | — | |
|
FoodTech adjusted EBITDA margin
Full Year 2023
|
18.5% – 19.5% | Non-GAAP | — | |
|
AeroTech year-over-year revenue growth
Full Year 2023
|
10% – 13% | — | — | |
|
Consolidated revenue growth (year over year)
table
Full Year 2023
|
6% – 10% | — | — | |
|
Corporate expense (% of sales)
table
Full Year 2023
|
2.7% | — | — | |
|
Tax rate
table
Full Year 2023
|
22% – 23% | — | — | |
|
GAAP EPS
table
Full Year 2023
|
$4.50 – $5.00 | GAAP | $18.13 above | |
|
Adjusted EPS
table
Full Year 2023
|
$5.00 – $5.50 | Non-GAAP | — |
Quarter detail
How the reported period landed and where the business moved.
SEC filing · Item 2.02
8-K earnings release
Filed Feb 21, 2023 · complete as-filed document
SEC periodic report
10-K report
Filed Feb 23, 2023 · complete as-filed document