JBT Corp. reports Q2 adjusted EPS $1.05, consensus $1.24

Reports Q2 revenue $402M, consensus $432.59M. “As expected, JBT‘s second quarter orders improved sequentially driven primarily by an initial recovery in equipment demand from North American poultry customers and continued strength in warehouse automation,” said Brian Deck, President and Chief Executive Officer. “Our second quarter revenue fell short of our expectations, much of which we expect will be recovered in the back half of the year.”