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

Astec Industries

03/11/2021 18:14

* Astec Industries Inc  ASTE.OQ  reported quarterly adjusted
earnings of 50 cents​​ per share for the quarter ended in
September. The mean expectation of four analysts for the quarter
was for earnings of 31 cents per share.
* Revenue rose 15.4% to $267.00 million from a year ago; 
analysts expected $266.16 million. 
* Astec Industries Inc's reported EPS for the quarter was 41
cents​.
* The mean earnings estimate of analysts had fallen by
about 25.1% in the last three months.​ 
* In the last 30 days three analysts negatively revised earnings
estimates 
* Astec Industries Inc shares had risen by 2.2% this quarter and
lost 5.0% so far this year.
* The company reported quarterly net income of $9.3 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 November 3 at 06:14 p.m.
 ​All figures in US dollars unless otherwise stated