This compares to earnings of 87 cents per share a year ago. Establishing such rapport gives JBT the chance to get to know you and your business. sale is expected to have a dilutive impact on adjusted EPS from continuing operations of around 40 cents in the second quarter of 2023.In the first quarter of 2023, John Bean reported quarterly earnings of 94 cents per share, beating the Zacks Consensus Estimate of 72 cents. This cookie, set by Cloudflare, is used to support Cloudflare Bot Management. For over 50 years, JBT has pioneered advancements in AeroTech solutions for commercial and military aircraft systems. Defense Cargo Loaders | AeroTech - JBT It is mandatory to procure user consent prior to running these cookies on your website. It does not store any personal data. JBT Expands Beyond eGSE . One key way leading airlines, airports, and cargo companies run smoothly is by leveraging the best available in aviation ground support equipment. WebThe Air-portable Cargo Handling Dock (ACHD) from JBT is a robust, lightweight (1100lbs / 499kg per table), air portable (Hi-Line) cargo handling dock for pallet building and storage at main and forward operating bases. JBT Corporation The total sale was $601,000. Its shares gained 23% in the last year.Manitowoc has an average trailing four-quarter earnings surprise of 38.8%. LEKTRO 83 Consequently, JBT ground support equipment is built to last no matter what tasks you set it to. DBA: JBT AeroTech, Jetway Systems . EVP & President, JBT AeroTech of John Bean Technologies Corp (30-Year Financial, Insider Trades) David C Burdakin (insider trades) sold 4,000 shares of JBT on 03/01/2021 at an average price of $150.25 a share. You require solutions that actually address the challenges you encounter on a daily basis. With this move, Oshkosh will make its foray into the promising air transportation support market.John Bean will classify AeroTech as held for sale starting second-quarter 2023. Description. Your JBT aircraft cargo loader or transporter isnt just robust. More. Our 50-plus years of motion experience across many industries reduces your technical and business risk and total cost of ownership. MediaMath sets this cookie to avoid the same ads from being shown repeatedly and for relevant advertising. In addition to lower ownership costs and best-in-market resale value, YSC cookie is set by Youtube and is used to track the views of embedded videos on Youtube pages. JBT Aerotech JetAire 30 for Sale This cookie is set by GDPR Cookie Consent plugin. Modern Slavery Act. Regional Aircraft Bridges Whatever your tasks Lifting, loading, or transporting cargo; Boarding and deboarding passengers; Pushing, pulling, or deicing Conduct better experiments and hit your deliverables with a motion partner who overcomes complex application challenges. The segment designs, manufactures and services technologically sophisticated airport ground support and gate equipment. Microsoft Clarity cookie set this cookie for synchronizing the MUID across Microsoft domains. Manufacturer: JBT; B500 JBT (Jetway Systems) pushback tractor, equipped with a Detroit diesel engine and automatic transmission. JBTs philosophy is that your business and ours work better when we collaborate long-term. We strive to create an enduring, collaborative relationship with you. Aug 10, 2022. This cookie is set by Rubicon Project to control synchronization of user identification and exchange of user data between various ad services. WebJbt Aerotech Corporation Company Profile | Chicago, IL | Competitors, Financials & Contacts - Dun & Bradstreet JBT organic revenue CAGR of 7 9%. LEKTRO 88 John Beans shares have lost 9.6% in the past year compared with the industrys fall of 11%. When your work is mission critical, trust us to deliver manufacturing and testing solutions that perform. John Bean currently carries a Zacks Rank #3 (Hold).Some better-ranked stocks from the Industrial Products sector are Worthington Industries, Inc. (WOR Quick QuoteWOR - Free Report) and, The Manitowoc Company, Inc. (MTW Quick QuoteMTW - Free Report) . The all-cash transaction is expected to close in the third quarter of 2023, subject to customary post-closing items.The purchase price equates to a multiple of around 14.7x AeroTech's reported adjusted EBITDA over the trailing four quarters.The AeroTech segment generated 27% of JBTs 2022 revenues. Great Reliability Four stabilizers located at the corners of the chassis provides stability B1200 push back tractors service commercial aircraft ranging from the A320/B737 families up to the A380, as well as military transports from the C-130 up to the C5A. Heres a glimpse at a few things that make this possible: Aviation cargo operations are 24/7/365. The transformation to a pure-play company enables a focused path to grow and enhance our leading FoodTech franchise, which operates in highly resilient markets, provides an attractive growth outlook and expanding margin profile, and generates strong free cash flow.. For the complete insider trading history of JBT, click here. YouTube sets this cookie via embedded youtube-videos and registers anonymous statistical data. JBT | FoodTech, AeroTech, Automated Systems - Corporate This guarantees that actions taken during subsequent visits to the same website will be linked to the same user ID. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. Web1 year. As you were browsing something about your browser made us think you were a bot. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. AFI Systems offers repair field service new & used sales and systems engineering & installation for all types of industri $1,453 USD. John Bean Technologies Corporation JBT has been benefiting from higher order trends in both its segments JBT FoodTech and JBT AeroTech. Linkedin set this cookie for storing visitor's consent regarding using cookies for non-essential purposes. WebJetpower Ground Power. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Total: $147.06. Aircraft in Springtown, Texas, United States for sale, inspected and guaranteed. We also use third-party cookies that help us analyze and understand how you use this website. Website. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". Purchase Orders | Select from Below. Date: 05/21/2023 - 05/26/2023 Its purposely designed for ease of use and ease of ownership. Weve internalized this sentiment and are in total agreement. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously. Additional information is available in this. Kedric Meredith(312) 861-6034[emailprotected], Marlee Spangler(312) 861-5789[emailprotected]. Gate Equipment NASDAQ data is at least 15 minutes delayed. Our state-of-the-art manufacturing and production space around the world includes cleanrooms and temperature-controlled metrology labs. With a 15,000 pound (7,000 kg) capacity, it can convey and lift ample cargo. Take a look at our product lineup and youre sure to find a Apply for jobs & learn about working with us. We design, produce, and service sophisticated products and systems for multi-national and regional customers through our FoodTech segment. These cookies will be stored in your browser only with your consent. Working with JBT simplifies and can improve your logistics. Our solutions let you manufacture and measure your products with greater accuracy, at higher speeds and for lower total cost. JBT AeroTech 2021. Work with a partner who has the most precision motion control expertise in metrology and testing applications. Bing sets this cookie to recognize unique web browsers visiting Microsoft sites. See what were thinking and doing in our latest press releases, white papers, webinars, events and more. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Contact information for each of our regional offices is listed below. This webinar explores advancements in multi-axis laser scan head capabilities and precision automation controls used to address challenges in high-volume manufacturing of smartphones, medical devices and semiconductors. But opting out of some of these cookies may affect your browsing experience. By using our website and agreeing to our Terms & Conditions, Privacy Policy and Cookie Policy, you consent to our use of cookies in accordance with the terms of these policies. Web1990 JBT AeroTech B500D. Purchasing Office: Capital Contracting Office: Small & If youre aiming for operations that run like a well-oiled machine focus your gaze on JBT. Across the board, youll find that JBT machinery has: Airports and cargo facilities are hubs of non-stop activity. WebYour single source for a broad range of aviation-related gate and ground support products and services. Its earned its admirable position for more than just having lower The purchase price represents a multiple of approximately 14.7x trailing four quarters reported AeroTech adjusted EBITDA as of March 31, 2023. Its shares gained 23% in the last year.Manitowoc has an average trailing four-quarter earnings surprise of 38.8%. Why stop at cargo transporters and aircraft loaders? used. ZacksTrade and Zacks.com are separate companies. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. WebThe JBT part sales team members are among the most experienced in the industry, and that experience means that you get the correct part you need the first time. Exceptional Demand While Impacted by Macro Challenges Full Year 2021 Highlights: Orders expanded 26% with double-digit growth at both FoodTech and AeroTech Revenue of $1.9 billion and earnings per share of $3.69, or $4.03 as adjusted Generated strong operating cash flow of $226 million and free cash flow of $190 million Fourth WebJBT AeroTech offers a full line of airport GSE. Theyre rugged workhorses that stand up to the trials of day-in, day-out use. LinkedIn sets this cookie from LinkedIn share buttons and ad tags to recognize browser ID. WebFind company research, competitor information, contact details & financial data for Jbt Aerotech of Richmond, VA. Get the latest business insights from Dun & Bradstreet. 15i E Electric Cargo Loader Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. Real time prices by BATS. News Learn More. JBT AeroTech Atlas 5 Cargo (K) Loader Assists NASA . EVP & President, JBT AeroTech David C Burdakin sold 4,000 shares of JBT stock on 03/01/2021 at the average price of $150.25. The Manitowoc Company, Inc. (MTW) - free report >>, Worthington Industries, Inc. (WOR) - free report >>, Oshkosh Corporation (OSK) - free report >>, John Bean Technologies Corporation (JBT) - free report >>.