JBT Marel reports Q3 2026 earnings with record margins, revenue miss and raises full‑year guidance
JBT Marel posted third‑quarter 2026 revenue of $994 million, a 1% year‑over‑year decline, but delivered adjusted EBITDA of $179 million at an 18% margin, up 5% from the prior year. Adjusted earnings per share rose 13% to $2.19. The company lowered its full‑year revenue outlook to $3.95‑$4.0 billion while lifting adjusted EBITDA‑margin guidance to 17.25%‑17.5% and EPS guidance to $8.10‑$8.40. It also expanded its share‑repurchase program to $700 million and bought back 800,000 shares for $94 million during the quarter.
Why it matters
The firm said the weaker revenue outlook reflects soft CPG demand, but the higher margin and EPS guidance indicate stronger profitability, which could support the stock price despite the revenue miss. The enlarged $700 million buyback program and the $94 million share repurchase provide immediate shareholder return.
Key facts
- 1Consolidated Q3 2026 revenue was $994 million, down 1% year‑over‑year. investing.com
- 2Adjusted EBITDA was $179 million, representing an 18% margin, a 5% increase year‑over‑year. investing.com
- 3Adjusted earnings per share grew 13% to $2.19. investing.com
- 4Full‑year 2026 revenue guidance was revised to $3.95 billion‑$4.0 billion. finance.yahoo.com
- 5Adjusted EBITDA‑margin guidance was raised to 17.25%‑17.5% and EPS guidance to $8.10‑$8.40. finance.yahoo.com
- 6The Board authorized a $700 million share‑repurchase program and repurchased 800,000 shares for $94 million in the quarter. finance.yahoo.com
Summary written by AlphAI AI Desk from 8 of 8 sources. Not investment advice. Figures are as stated by the linked sources.