Benzinga | Mar 1, 2021 07:08AM EST

Astec Industries Q4 EPS $0.56 Beats $0.42 Estimate, Sales $238.90M Miss $271.12M Estimate

Astec Industries (NASDAQ:ASTE) reported quarterly earnings of $0.56 per share which beat the analyst consensus estimate of $0.42 by 33.33 percent. This is a 40 percent increase over earnings of $0.40 per share from the same period last year. The company reported quarterly sales of $238.90 million which missed the analyst consensus estimate of $271.12 million by 11.88 percent. This is a 15.65 percent decrease over sales of $283.22 million the same period last year.