Brief: Astec Industries Reports Q1 Adjusted Earnings Per Share $1

Astec Industries

06/05/2020 13:02

May 6 (Reuters) - Astec Industries Inc  ASTE.O :
    * ASTEC INDUSTRIES REPORTS FIRST QUARTER 2020 RESULTS
    * Q1 ADJUSTED EARNINGS PER SHARE $1.00
    * Q1 EARNINGS PER SHARE $0.91
    * Q1 SALES $288.8 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$291.5
MILLION
    * Q1 EARNINGS PER SHARE ESTIMATE $0.38 -- REFINITIV IBES
DATA
    * ASTEC INDUSTRIES - BACKLOG AS OF MARCH 31, 2020 OF $245.4
MILLION INCREASED BY $8.9 MILLION, OR 3.8% COMPARED TO BACKLOG
OF $236.5 MILLION A YEAR AGO
    * ASTEC INDUSTRIES - AS OF MAY 6, 2020, ALL BUT ONE OF
FACILITIES,
OMAGH, NORTHERN IRELAND, ARE OPERATIONAL AND ABLE TO MEET
CURRENT DEMAND LEVELS
    * ASTEC INDUSTRIES - FACILITY IN SOUTH AFRICA RESUMED
OPERATIONS
ON MAY 4, 2020 AND OMAGH PLANS TO RESUME OPERATIONS BY MID-MAY,
2020

Source text for Eikon:  ID:nGNX5fMrSN 
Further company coverage:  ASTE.O 

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