Astec Industries Reports Fourth Quarter and 2015 Results

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Astec Industries (ASTE) Misses Q4 EPS by 20c

February 23, 2016 7:03 AM EST

Astec Industries (NASDAQ: ASTE) reported Q4 EPS of $0.16, $0.20 worse than the analyst estimate of $0.36. Revenue for the quarter came in at $215 million versus the consensus estimate of $242.71 million.

Domestic sales increased 10.4% to $722.3 million for 2015 from $654.2 million for 2014. International sales were $260.9 million for 2015 compared to $321.4... More