Astec Industries Reports Second Quarter 2015 Results

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Astec Industries (ASTE) Misses Q2 EPS by 18c

July 21, 2015 7:00 AM EDT

Astec Industries (NASDAQ: ASTE) reported Q2 EPS of $0.51, $0.18 worse than the analyst estimate of $0.69. Revenue for the quarter came in at $268 million versus the consensus estimate of $290.65 million.

Commenting on the announcement, Benjamin G. Brock, Chief Executive Officer, stated, While we are disappointed with our second quarter results, we are pleased with our performance for the first... More