Astec Industries Inc expected to post earnings of 83  cents a share - Earnings Preview

Astec Industries

03/05/2021 12:44

* Astec Industries Inc  ASTE.OQ   ASTE.O  is expected to show
a rise in quarterly revenue when it reports results on May 5.
* The Chattanooga, Tennessee-based company is expected to report
 a 7.8% increase in revenue to $311.451 million from $288.85
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 83 cents per share. For the same quarter last
year, the company reported earnings of 58 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"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 $82​, about 8.5% above​ its last closing price
of $75.01. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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​
 Mar. 31 2020  0.39        0.38       0.58      Beat    51.6
 Dec.          0.33​       0.37       0.40      Beat    7.4​
 31​ 2019​                                              
 Sep. 30 2019  0.20        0.24       0.17      Missed  -29.9​
 Jun. 30 2019  0.41        0.41       0.36      Missed  -12.9
 Mar. 31 2019  0.82        0.82       0.63      Missed  -23.2
 This summary was machine generated May 3 at 11:44 GMT.  All
figures in US dollars unless otherwise stated