John Bean Technologies (NYSE: JBT) reported earnings on Nov. 5. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Sep. 30 (Q3), John Bean Technologies met expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue contracted and GAAP earnings per share dropped significantly.

Gross margins grew, operating margins shrank, net margins shrank.

Revenue details
John Bean Technologies recorded revenue of $205.3 million. The two analysts polled by S&P Capital IQ looked for revenue of $205.0 million on the same basis. GAAP reported sales were 11% lower than the prior-year quarter's $230.3 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.21. The three earnings estimates compiled by S&P Capital IQ forecast $0.20 per share. GAAP EPS of $0.21 for Q3 were 25% lower than the prior-year quarter's $0.28 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 25.3%, 50 basis points better than the prior-year quarter. Operating margin was 5.0%, 110 basis points worse than the prior-year quarter. Net margin was 3.0%, 50 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $301.1 million. On the bottom line, the average EPS estimate is $0.62.

Next year's average estimate for revenue is $925.2 million. The average EPS estimate is $1.23.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 102 members out of 104 rating the stock outperform, and two members rating it underperform. Among 36 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 36 give John Bean Technologies a green thumbs-up, and give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on John Bean Technologies is outperform, with an average price target of $19.33.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.