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Astec Industries Q4 Adj EPS $0.34 Misses $0.37 Estimate, Sales $349.90M Beat $313.55M Estimate

Author: Benzinga Newsdesk | March 01, 2023 08:01am

Astec Industries (NASDAQ:ASTE) reported quarterly adjusted earnings of $0.34 per share which missed the analyst consensus estimate of $0.37 by 8.11 percent. This is a 1233.33 percent increase over losses of $(0.03) per share from the same period last year. The company reported quarterly sales of $349.90 million which beat the analyst consensus estimate of $313.55 million by 11.59 percent. This is a 30.66 percent increase over sales of $267.80 million the same period last year.

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