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JBT Marel raised its 2025 earnings forecast, but its stock fell after missing Q1 estimates.
Technology solutions provider JBT Marel (JBTM) updated its FY 2025 earnings guidance to an EPS range of $5.500 to $6.100, exceeding the consensus estimate of $5.130.
The company also forecasted revenue between $3.6 billion and $3.7 billion.
Despite missing Q1 earnings estimates, JBTM's stock dropped by $1.95 to $116.97 during Monday trading.
The firm, which offers processing solutions to the food and beverage industry, has a market cap of $3.72 billion.
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JBT Marel aumentó su previsión de ingresos de 2025, pero su stock cayó después de faltar las estimaciones del Q1.