Astec Industries Reports Fourth Quarter and 2016 Results

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Astec Industries (ASTE) Reports In-Line Q4 EPS

February 21, 2017 7:03 AM EST

Astec Industries (NASDAQ: ASTE) reported Q4 EPS of $0.53, in-line with the analyst estimate of $0.53. Revenue for the quarter came in at $326.6 million versus the consensus estimate of $270.82 million.

Commenting on the announcement of quarterly and annual results, Benjamin G. Brock, Chief Executive Officer, stated, We were pleased with our results for the fourth quarter and for the year. We were able to grow revenues and net income... More