Astec Industries: Q1 Earnings Insights

Loading...
Loading...

Astec Industries ASTE reported its Q1 earnings results on Wednesday, May 3, 2023 at 07:00 AM.

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

Earnings

Astec Industries beat estimated earnings by 73.08%, reporting an EPS of $0.9 versus an estimate of $0.52.

Revenue was up $56.70 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.03 which was followed by a 3.69% increase in the share price the next day.

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

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.37 0.30 0.40 0.11
EPS Actual 0.34 0.28 0.19 0.41
Revenue Estimate 313.55M 301.03M 308.70M 286.56M
Revenue Actual 349.90M 315.20M 318.20M 291.20M

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.

Market News and Data brought to you by Benzinga APIs
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...