JBT - Free Report) reported adjusted earnings of 92 cents per share in fourth-quarter 2021, which missed the Zacks Consensus Estimate of $1.12. Adjusted earnings per share in the quarter fell short of the company’s quarterly guidance of $1.05-$1.15. The bottom line declined 10% from the prior-year quarter. The company has been witnessing strong demand and improved orders through the quarter but higher material and labor costs negated these gains. Shortages of critical materials, in particular, electronic components, along with labor availability issues, impacted productivity and output at both AeroTech and FoodTech.