Astec Industries Inc expected to post earnings of 3  cents a share - Earnings Preview

Astec Industries

25/02/2022 12:21

* Astec Industries Inc  ASTE.OQ   ASTE.O  is expected
to show a
rise in quarterly revenue when it reports  results on February
28. 
    * The Chattanooga Tennessee-based  company is expected to
report 
a 12.1% increase in revenue to $267.887 million from $238.9
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Astec Industries
Inc is
for earnings of 3 cents per share. For the same quarter last
year, the company reported earnings of 56 cents per share.
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 3 "strong buy" or
"buy," 1 "hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Astec
Industries
Inc is $68​, about 26% above​ its last closing price
of $50.29. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  0.28        0.31       0.50      Beat    60
 Jun. 30 2021  0.49        0.49       0.49      Met     -0.5
 Mar. 31 2021  0.84        0.83       0.41      Missed  -50.5​
 Dec. 31 2020  0.42        0.42       0.56      Beat    34.1
 ​​Sep.        0.05        0.11       0.20      Beat    87.5
 30 2020                                                
 Jun. 30 2020  0.06        0.05       0.67      Beat    1,176.
                                                        2​
 Mar. 31 2020  0.39        0.38       0.58      Beat    51.6
 Dec. 31 2019  0.33        0.37       0.40      Beat    7.4
 This summary was machine generated February 25 at 12:21 GMT. 
All figures in US dollars  unless otherwise stated