Astec Industries Appoints New President and Chief Executive Officer and Reports Second Quarter 2019 Results

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Go back to Astec Industries Appoints New President and Chief Executive Officer and Reports Second Quarter 2019 Results

Astec Industries (ASTE) Tops Q2 EPS by 62c, Revenues Beat; Appoints Barry Ruffalo as New President & CEO

July 23, 2019 7:07 AM EDT

Astec Industries (NASDAQ: ASTE) reported Q2 EPS of $1.03, $0.62 better than the analyst estimate of $0.41. Revenue for the quarter came in at $304.8 million versus the consensus estimate of $299.95 million.

Commentary on New CEO

After a comprehensive search that included a number of highly qualified candidates, we are excited to hire Mr. Ruffalo, said Bill Gehl, Chairman of Astec.... More