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

Astec Industries

04/08/2021 16:28

* Astec Industries Inc  ASTE.OQ  reported quarterly adjusted
earnings of 49 cents​​ per share for the quarter ended in June.
The mean expectation of four analysts for the quarter was
for earnings of 49 cents per share.
* Revenue rose 4.8% to $278.00 million from a year ago; 
analysts expected $299.68 million. 
* Astec Industries Inc's reported EPS for the quarter was 39
cents​.
* The mean earnings estimate of analysts had fallen by
about 37.9% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* Astec Industries Inc shares had fallen by 3.0% this
quarter and gained 5.5% so far this year.
* The company reported quarterly net income of $9 million.
* Wall Street's median 12-month price target for Astec
Industries Inc is $77.50 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
This summary was machine generated August 4 at 03:28 p.m.  ​All
figures in US dollars unless otherwise stated