JBT Marel (JBTM) reported Q1 adjusted earnings Monday of $0.97 per diluted share, down from $1.11 a year earlier.
Analysts polled by FactSet expected $0.84.
Revenue for the quarter ended March 31 was $854.1 million, compared with $392.3 million a year earlier.
Analysts polled by FactSet expected $771.9 million.
The company expects Q2 adjusted EPS of $1.20 to $1.40 on revenue of $885 million to $915 million. Analysts polled by FactSet expect $1.26 and $810.1 million, respectively.
JBT said it has suspended its 2025 outlook, citing "macroeconomic uncertainty created by trade policies and tariffs."
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