Astec Industries Q1 Adj. EPS $0.54 Misses $0.84 Estimate, Sales $396.300M Beat $393.240M Estimate.

Astec Industries, Inc.

Astec Industries, Inc.

ASTE

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Astec Industries (NASDAQ: ASTE) reported quarterly earnings of $0.54 per share which missed the analyst consensus estimate of $0.84 by 35.71 percent. This is a 40.66 percent decrease over earnings of $0.91 per share from the same period last year. The company reported quarterly sales of $396.300 million which beat the analyst consensus estimate of $393.240 million by 0.78 percent. This is a 20.31 percent increase over sales of $329.400 million the same period last year.