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JBT Marel (JBTM)
NYSE:JBTM
Earnings Data
Report Date
May 04, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
1.48Last Year’s EPS
0.97Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a broadly positive outlook: the combined JBT Marel business delivered better-than-expected revenue, achieved adjusted EPS accretion in year one, realized meaningful synergy and run-rate savings, materially reduced leverage, and provided confident 2026 guidance with meaningful EBITDA and EPS upside. Primary negatives were tariff-driven cost pressure (material in 2025 and expected to increase in early 2026), a Q4 margin dip, and some operational inefficiencies in Prepared Foods/AGV that are expected to be temporary. Taken together, the operational and financial achievements substantially outweigh the near-term macro and tariff headwinds.Company Guidance
Strong Order Intake and Backlog Conversion
Full-year orders of $3.8 billion with more than $1.0 billion in Q4; management noted strong conversion of backlog to revenue and accelerating order synergies (captured $30 million in order synergies for 2025, more than half in Q4) that are expected to convert to revenue in 2026.
Revenue Above Guidance
Full-year consolidated revenue of $3.8 billion exceeded the high end of guidance; favorable FX translation contributed $77 million to revenue.
Margin Expansion and Adjusted EBITDA
Consolidated adjusted EBITDA of $600 million with a margin of 15.8% (at midpoint of guidance). Q4 adjusted EBITDA margin was 16.0%. Segment adjusted EBITDA margins: Protein Solutions 20.1% and Prepared Food & Beverage Solutions 17.2%.
Adjusted EPS Accretion
Full-year adjusted EPS of $6.41, representing first-year earnings accretion vs. legacy JBT 2024 adjusted EPS of $6.15 (approximately +4.2%).
Deleveraging Success and Capital Position
Leverage improved from just below 4.0x at transaction close to less than 2.9x at year-end 2025; management expects leverage of ~2.0–2.5x by end of 2026, supported by convertible financing and cash flow.
Synergy Realization and Run-Rate Savings
Realized $43 million year-over-year synergy benefit in 2025 and exited the year with approximately $85 million of run-rate savings versus 2024 baseline; company remains on track for a $150 million run-rate synergy target by exit-2027 and expects ~ $60 million incremental synergy benefit in 2026.
Confident 2026 Guidance with Strong Upside
2026 guidance: revenue growth of 5%–7% (includes ~1% FX benefit); adjusted EBITDA margins 17.0%–17.5% (midpoint +145 bps YoY); adjusted EPS guidance $8.00–$8.50 (midpoint ~+29% YoY); GAAP EPS guidance $4.70–$5.15.
End-Market Momentum — Poultry Leadership
Management highlighted a sharp recovery and robust investment in poultry equipment (poultry cited as the dominant driver across categories), plus strength in meat, beverages, pharma and improving Prepared Foods demand in Q4.
JBTM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
JBTM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 23, 2026 | $163.40 | $163.86 | +0.28% |
Nov 03, 2025 | $124.54 | $138.32 | +11.07% |
Aug 04, 2025 | $133.44 | $139.57 | +4.59% |
May 05, 2025 | $106.92 | $102.36 | -4.26% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does JBT Marel (JBTM) report earnings?
JBT Marel (JBTM) is schdueled to report earning on May 04, 2026, After Close (Confirmed).
What is JBT Marel (JBTM) earnings time?
JBT Marel (JBTM) earnings time is at May 04, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is JBTM EPS forecast?
JBTM EPS forecast for the fiscal quarter 2026 (Q1) is 1.48.