Astec Industries Inc expected to post earnings of 52  cents a share - Earnings Preview

Astec Industries

29/07/2022 19:30

* Astec Industries Inc  ASTE.OQ   ASTE.O  is expected
to show a
rise in quarterly revenue when it reports  results on August 2. 
    * The Chattanooga Tennessee-based  company is expected to
report 
a 11.0% increase in revenue to $308.698 million from $278
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 52 cents per share. For the same quarter last
year, the company reported earnings of 49 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​, above​ its last closing price of $46.87. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.12        0.11       0.41      Beat    281.4
 Dec. 31 2022  0.00        0.03       -0.03     Missed  -220
 Sep. 30 2021  0.28        0.31       0.50      Beat    60​
 Jun. 30 2021  0.49        0.49       0.49      Met     -0.5
 ​​Mar.        0.84        0.83       0.41      Missed  -50.5
 31 2021                                                
 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. 30 2020  0.06        0.05       0.67      Beat    1,176.
                                                        2
 This summary was machine generated July 29 at 18:30 GMT.  All
figures in US dollars  unless otherwise stated