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.

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.

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.