John Bean (NYSE:JBT) is set to announce earnings, beating revenue expectations by 2.6% last quarter with $854.1 million, up 118% year on year. Analysts predict revenue to grow 122%, with adjusted earnings of $1.28 per share. Peers like Luxfer saw revenue grow 4.3% and GE Aerospace up 23.4%. John Bean’s stock price is up 7.4% in the last month, with an average analyst price target of $129.40. For young investors, enterprise software stocks leveraging AI capabilities may be the future. StockStory also offers a report on a profitable enterprise software stock.
Read more at Stock Story: What To Expect From John Bean’s (JBTM) Q2 Earnings
