Astec Industries Inc expected to post earnings of 31 cents a share - Earnings Preview

Astec Industries

01/11/2021 15:33

* Astec Industries Inc  ASTE.OQ   ASTE.O  is expected to show a
rise in quarterly revenue when it reports  results on November
3. 
* The Chattanooga, Tennessee-based company is expected to report
 a 15.0% increase in revenue to $266.155 million from $231.4
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 31 cents per share. For the same quarter last
year, the company reported earnings of 20 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"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 21.5% above​ its last closing
price of $53.38. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 30 2020  0.05        0.11       0.20      Beat    87.5
 Jun.          0.06​       0.05       0.67      Beat    1,176.
 30​ 2020​                                              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
 Sep. 30 2019  0.20        0.24       0.17      Missed  -29.9
 This summary was machine generated November 1 at 15:33 GMT.  All
figures in US dollars unless otherwise stated