Astec Industries (ASTE) Tops Q3 EPS by 19c
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Astec Reports Third Quarter 2021 Results
November 3, 2021 7:00 AM EDTThird Quarter 2021 Highlights (all comparisons are made to the prior year third quarter):
Net Sales increased 15.4% to $267.0 millionGross Profit Margin of 23.3% increased 160 bpsNet Income increased 481.3% to $9.3 million; Adjusted Net Income of $11.4 million increased 159.1% from $4.4 millionDiluted EPS of $0.41 compared to $0.07; Adjusted EPS of $0.50 increased from $0.19 Record Backlog of $620.5 millionCHATTANOOGA, Tenn., Nov. 03, 2021 (GLOBE... More
