Astec Industries Reports First Quarter 2019 Results

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Astec Industries (ASTE) Misses Q1 EPS by 19c, Revenues Miss

April 23, 2019 7:07 AM EDT

Astec Industries (NASDAQ: ASTE) reported Q1 EPS of $0.63, $0.19 worse than the analyst estimate of $0.82. Revenue for the quarter came in at $325.8 million versus the consensus estimate of $338.66 million.

Commenting on the announcement of the quarterly results, Richard J. Dorris, Interim Chief Executive Officer, stated, We are disappointed that our performance in the... More