Astec Industries (ASTE) Misses Q2 EPS by 1c
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Astec Reports Second Quarter 2021 Results
August 4, 2021 7:00 AM EDTSecond Quarter 2021 Highlights (all comparisons are made to the prior year second quarter):
Net Sales increased 4.8% to $278.0 millionGross Profit Margin of 24.1% increased 160 bpsNet Income decreased 3.2% to $9.0 million; Adjusted Net Income of $11.2 million decreased 26.3% from $15.2 millionDiluted EPS of $0.39 compared to $0.41; Adjusted EPS of $0.49 decreased from $0.67 Record Backlog of $436.1 millionCHATTANOOGA, Tenn., Aug. 04, 2021... More
