Earnings ·
JBT Marel reports Q3 adjusted EPS of $2.19, raises share buyback authorization by $500M to total $700M
JBTMJBT MAREL Corp
JBT Marel Corporation reported third-quarter 2026 results with diluted earnings per share of $1.34 and adjusted earnings per share of $2.19. Revenue declined 1 percent to $994 million, while net income rose 6 percent to $70 million. The company utilized strong cash flow to repurchase approximately 800,000 shares for $94 million during the quarter. Additionally, the Board authorized a $500 million increase to the existing share repurchase program, bringing the total authorization to $700 million. JBT Marel operates as a global technology solutions provider to high-value segments of the food and beverage industry.