Astec Industries Q1 sales slightly beat estimates

Astec Industries

06/05/2026 12:26

Overview

U.S. road-building equipment maker's Q1 sales slightly beat analyst expectations

Adjusted EPS for Q1 missed analyst expectations

Profitability impacted by trade show costs, timing and mix in legacy sales, and higher freight/tariffs

Outlook

Astec maintains 2026 full-year adjusted EBITDA guidance in $170 mln to $190 mln range

Company cites favorable order activity and strong end markets for 2026 outlook

Result Drivers

MATERIALS SOLUTIONS GROWTH - Net sales in Materials Solutions rose 70.6% due to organic growth and acquisitions

INFRASTRUCTURE SOLUTIONS FLAT - Infrastructure Solutions sales were relatively flat as acquired business offset timing and mix-related shortfalls in legacy operations

HIGHER COSTS - Profitability was hurt by ConExpo trade show expenses and increased freight, duty, and tariffs

Company press release: ID:nGNX8CJXS0

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Slight Beat*
$396.30 mln
$393.24 mln (3 Analysts)
Q1 Adjusted EPS
Miss
$0.54
$0.84 (3 Analysts)
Q1 EPS
$0.06
Q1 Adjusted EBITDA
$30.30 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the heavy machinery & vehicles peer group is "buy"

Wall Street's median 12-month price target for Astec Industries Inc is $69.50, about 10.8% above its May 5 closing price of $62.70

The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 15 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)