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

Astec Industries

04/05/2022 21:22

* 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 11 cents per share.
    * Revenue rose 2.4% to $291.20 million from a year ago; 
analysts
expected $286.56 million. 
    * Astec Industries Inc's reported EPS for the quarter was 18
cents​.
    * The mean earnings estimate of analysts had fallen by
about 85.3%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Astec Industries Inc shares had fallen by 4.7% this
quarter and
lost 40.8% so far this year.
    * The company reported quarterly net income of $4.1 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 "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 4 at 08:22 p.m.  ​All
figures in US dollars unless otherwise stated