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Astec Industries Inc (ASTE.OQ)

ASTE.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Astec Industries Reports Q1 Earnings Per Share Of $0.63
Tuesday, 23 Apr 2019 

April 23 (Reuters) - Astec Industries Inc ::ASTEC INDUSTRIES REPORTS FIRST QUARTER 2019 RESULTS.Q1 EARNINGS PER SHARE $0.63.Q1 SALES $325.8 MILLION VERSUS REFINITIV IBES ESTIMATE OF $338.7 MILLION.Q1 EARNINGS PER SHARE ESTIMATE $0.82 -- REFINITIV IBES DATA.DISAPPOINTED THAT PERFORMANCE IN Q1 DID NOT MEET ITS EXPECTATIONS.ALL THREE SEGMENTS EXPERIENCED PRICING PRESSURE FROM COMPETITORS IN A TIGHTER MARKET.TEMPORARY WEATHER RELATED SHUTDOWNS AT SEVEN OF SUBSIDIARIES IMPACTED ABILITY TO BUILD AND SHIP EQUIPMENT.LOWER THAN EXPECTED VOLUMES IMPACTED GROSS MARGINS AT SEVERAL OF SUBSIDIARIES IN QUARTER.  Full Article

Astec Industries Inc Files For Non-Timely 10-K
Friday, 1 Mar 2019 

March 1 (Reuters) - Astec Industries Inc ::ASTEC INDUSTRIES INC FILES FOR NON-TIMELY 10-K - SEC FILING.ASTEC INDUSTRIES INC SAYS EXPECTS TO FILE THE 2018 FORM 10-K ON OR BEFORE MARCH 18.  Full Article

Astec Industries Reports Q4 Sales $317 Mln
Friday, 1 Mar 2019 

March 1 (Reuters) - Astec Industries Inc ::ASTEC INDUSTRIES REPORTS FOURTH QUARTER AND FULL YEAR 2018 RESULTS.Q4 NON-GAAP EARNINGS PER SHARE $0.61.Q4 SALES $317 MILLION VERSUS REFINITIV IBES ESTIMATE OF $315 MILLION.Q4 EARNINGS PER SHARE ESTIMATE $0.57 -- REFINITIV IBES DATA.COMPANY EXITS WOOD PELLET PLANT BUSINESS.QTRLY LOSS PER SHARE $2.08.COMPANY'S BACKLOG AT DECEMBER 31, 2018 WAS $345.0 MILLION COMPARED TO $411.5 MILLION AT DECEMBER 31, 2017.IN Q4 OF 2018, COMPANY RECORDED CHARGES TOTALING $90.6 MILLION RESULTING FROM A WRITE-OFF RELATED TO HAZLEHURST WOOD PELLET PLANT.  Full Article

Astec Industries Appoints Brad Southern To Board
Monday, 29 Oct 2018 

Oct 29 (Reuters) - Astec Industries Inc ::ASTEC INDUSTRIES APPOINTS BRAD SOUTHERN TO BOARD OF DIRECTORS.ASTEC INDUSTRIES INC - W. NORMAN SMITH, VICE CHAIRMAN STEPPED DOWN FROM BOARD.ASTEC INDUSTRIES INC - BRAD SOUTHERN, CEO OF LOUISIANA-PACIFIC CORPORATION (LP), HAS BEEN APPOINTED TO BOARD OF DIRECTORS, EFFECTIVE OCTOBER 25.  Full Article

Astec Industries Reports Q3 Earnings Per Share $0.30
Tuesday, 23 Oct 2018 

Oct 23 (Reuters) - Astec Industries Inc ::ASTEC INDUSTRIES REPORTS THIRD QUARTER 2018 RESULTS.Q3 EARNINGS PER SHARE $0.30.Q3 SALES $256.6 MILLION VERSUS I/B/E/S VIEW $276.8 MILLION.Q3 EARNINGS PER SHARE VIEW $0.59 -- THOMSON REUTERS I/B/E/S.BACKLOG AT SEPTEMBER 30, 2018 WAS $308.6 MILLION, A DECREASE OF $77.9 MILLION OR 20.2% COMPARED TO SEPTEMBER 30, 2017.  Full Article

Astec Industries Reports Q4 Earnings Per Share $0.47
Tuesday, 20 Feb 2018 

Feb 20 (Reuters) - Astec Industries Inc ::ASTEC INDUSTRIES REPORTS FOURTH QUARTER 2017 RESULTS.Q4 EARNINGS PER SHARE $0.47.Q4 SALES FELL 4.3 PERCENT TO $312.4 MILLION.ASTEC INDUSTRIES - ‍COMPANY'S BACKLOG AT DECEMBER 31, 2017 WAS $411.5 MILLION COMPARED TO $361.8 MILLION AT DECEMBER 31, 2016, AN INCREASE OF $49.6 MILLION OR 13.7%​.  Full Article

Stifel Nicolaus & Co Reports A 6.94 Percent Passive Stake In Astec Industries
Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - STIFEL NICOLAUS & CO INC ::STIFEL NICOLAUS & CO INC REPORTS A 6.94 PERCENT PASSIVE STAKE IN ASTEC INDUSTRIES INC AS OF NOVEMBER 30 - SEC FILING.  Full Article

Astec Industries reports third quarter 2017 results
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Astec Industries Inc :Astec Industries reports third quarter 2017 results.Q3 sales $252.1 million versus I/B/E/S view $261.1 million.Q3 loss per share $0.12.Q3 earnings per share view $-0.03 -- Thomson Reuters I/B/E/S.Astec Industries Inc - co's backlog at September 30, 2017 was $385.5 million compared to $389.3 million at September 30, 2016​.Astec Industries Inc - ‍expects earnings in Q4 of 2017 to be slightly below current quarter's earnings​.  Full Article