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

Astec Industries

01/05/2023 14:18

* Astec Industries Inc  ASTE.OQ   ASTE.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 3. 
    * The Chattanooga Tennessee-based  company is expected to
report 
a 17.2% increase in revenue to $341.361 million from $291.2
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. 
    * 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 had fallen by
about 3.9%
in the last three months. ​
    * Wall Street's median 12-month price target for Astec
Industries
Inc is $54​, above​ its last closing price of $41.28. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.33        0.37       0.34      Missed  -9.2
 Sep. 30 2022  0.29        0.30       0.28      Missed  -7.9
 Jun. 30 2022  0.51        0.52       0.19      Missed  -63.6​
 Mar. 31 2022  0.12        0.11       0.41      Beat    281.4
 ​​Dec.        0.00        0.03       -0.03     Missed  -220
 31 2021                                                
 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
 This summary was machine generated May 1 at 13:18 GMT.  All
figures in US dollars  unless otherwise stated