Astec Industries Inc reports results for the quarter ended in December - Earnings Summary

Astec Industries

28/02/2022 13:58

* Astec Industries Inc  ASTE.OQ  reported a quarterly
adjusted
loss of 3 cents​​ per share for the quarter ended in December.
The mean expectation of four analysts for the quarter was
for earnings of 3 cents per share.
    * Revenue rose 12.1% to $267.80 million from a year ago; 
analysts
expected $267.89 million. 
    * Astec Industries Inc's reported EPS for the quarter was a
loss
of 40 cents​.
    * The mean earnings estimate of analysts had fallen by
about 92.9%
in the last three months.​ 
    * In the last 30 days four analysts negatively revised
earnings
estimates 
    * Astec Industries Inc shares had fallen by 26.5% this
quarter.
    * The company reported a quarterly loss of $9.2 million.
    * Wall Street's median 12-month price target for Astec
Industries
Inc is $68.00 
    * 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." 

This summary was machine generated February 28 at 01:58 p.m.
 ​All figures in US dollars unless otherwise stated