Benzinga | Aug 4, 2021 08:07AM EDT

Astec Industries Q2 Adj. EPS $0.49 Misses $0.50 Estimate, Sales $278.00M Miss $299.68M Estimate

Astec Industries (NASDAQ:ASTE) reported quarterly earnings of $0.49 per share which missed the analyst consensus estimate of $0.50 by 2 percent. This is a 26.87 percent decrease over earnings of $0.67 per share from the same period last year. The company reported quarterly sales of $278.00 million which missed the analyst consensus estimate of $299.68 million by 7.23 percent. This is a 4.79 percent increase over sales of $265.30 million the same period last year.