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

Astec Industries

05/05/2021 15:06

* Astec Industries Inc  ASTE.OQ  reported quarterly adjusted
earnings of 41 cents​​ per share for the quarter ended in March.
The mean expectation of four analysts for the quarter was
for earnings of 83 cents per share.
* Revenue fell 1.5% to $284.40 million from a year ago​; 
analysts expected $311.45 million.
* Astec Industries Inc's reported EPS for the quarter was 38
cents​.
* The mean earnings estimate of analysts had risen by about 5.2%
in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Astec Industries Inc shares had risen by 2.2% this quarter and
gained 33.1% so far this year.
* The company reported quarterly net income of $8.7 million.
* Wall Street's median 12-month price target for Astec
Industries Inc is $82.00 
* 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." 
This summary was machine generated May 5 at 02:05 p.m. GMT. ​All
figures in US Dollars.​