CHICAGO (AP) — CHICAGO (AP) — John Bean Technologies Corp. (JBT) on Tuesday reported third-quarter net income of $38.9 million.

On a per-share basis, the Chicago-based company said it had profit of $1.21. Earnings, adjusted for one-time gains and costs, came to $1.50 per share.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.41 per share.

The food processing and transportation services company posted revenue of $453.8 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $445 million.

JBT expects full-year earnings in the range of $5.05 to $5.35 per share, with revenue in the range of $1.72 billion to $1.75 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JBT at https://www.zacks.com/ap/JBT