Astec Industries: Q3 Earnings Insights

Astec Industries: Q3 Earnings Insights

Astec Industries ASTE reported its Q3 earnings results on Wednesday, November 2, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Astec Industries missed estimated earnings by 6.67%, reporting an EPS of $0.28 versus an estimate of $0.3.

Revenue was up $48.20 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.21 which was followed by a 0.07% increase in the share price the next day.

Here's a look at Astec Industries's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.40 0.11 0.02 0.31
EPS Actual 0.19 0.41 -0.03 0.50
Revenue Estimate 308.70M 286.56M 267.89M 266.15M
Revenue Actual 318.20M 291.20M 267.80M 267.00M

To track all earnings releases for Astec Industries visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings