Astec Industries (ASTE) Misses Q4 EPS by 5c, Revenue Beats

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Go back to Astec Industries (ASTE) Misses Q4 EPS by 5c, Revenue Beats

Astec Reports Fourth Quarter 2022 Results

March 1, 2023 7:00 AM EST

Fourth Quarter 2022 Highlights (all comparisons are made to the prior year fourth quarter):

Net sales increased 31.2% to $349.9 millionOperating margin of 0.9% increased 320 bpsDiluted loss per share of $(0.04) compared to $(0.44); Adjusted EPS of $0.34 compared to a loss of $(0.06) per shareBacklog increased... More