JBT Corporation sees 2012 EPS $1.22-$1.28, consensus $1.23 JBT said, "The Company projects a record fourth quarter performance, supported by a strong quarter-end backlog and continued savings from cost reduction actions taken earlier in the year. However, a modest top-line contraction is expected for the full-year 2012, primarily resulting from lower than previously forecasted sales volume and shifts in delivery schedules to 2013 of certain large orders."
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JBT Corporation announces $6M juice processing contract in India JBT Corporation announced that its JBT FoodTech business signed a contract valued in excess of $6M with Citrus Processing India Pvt. JBT FoodTech will supply and integrate a new juice processing line for the production of citrus juice products in India. The order was received in the Q1 with the project currently scheduled to be operational in the 1Q15.