Benzinga | May 5, 2021 07:15AM EDT

Astec Industries Q1 Adj. EPS $0.41 Misses $0.83 Estimate, Sales $284.40M Miss $311.45M Estimate

Astec Industries (NASDAQ:ASTE) reported quarterly earnings of $0.41 per share which missed the analyst consensus estimate of $0.83 by 50.6 percent. This is a 59 percent decrease over earnings of $1.00 per share from the same period last year. The company reported quarterly sales of $284.40 million which missed the analyst consensus estimate of $311.45 million by 8.69 percent. This is a 1.54 percent decrease over sales of $288.85 million the same period last year.