Astec Industries Reports Third Quarter 2018 Results
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Astec Industries (ASTE) Misses Q3 EPS by 29c, Sales Miss
October 23, 2018 7:04 AM EDTAstec Industries (NASDAQ: ASTE) reported Q3 EPS of $0.30, $0.29 worse than the analyst estimate of $0.59. Revenue for the quarter came in at $256.6 million versus the consensus estimate of $276.8 million.
The Companys backlog at September 30, 2018 was $308.6 million, a decrease of $77.9 million or 20.2% compared to the September 30, 2017 backlog of $386.5 million. Domestic backlog decreased 28.1% to $223.2 million at September 30,... More
