RTTNews | Nov 3, 2021 08:10AM EDT

08:10 Wednesday, November 3, 2021 (RTTNews.com) - Astec Industries (ASTE) announced a profit for its third quarter that advanced from last year.

The company's earnings totaled $9.3 million, or $0.41 per share. This compares with $1.6M, or $0.07 per share, in last year's third quarter.

Excluding items, Astec Industries reported adjusted earnings of $11.4 million or $0.50 per share for the period.

The company's revenue for the quarter rose 15.4% to $$267.0 million from $$231.4 million last year.

Astec Industries earnings at a glance:

-Earnings (Q3): $11.4 Mln. vs. $4.4 Mln. last year.-EPS (Q3): $0.50 vs. $0.19 last year.-Revenue (Q3): $$267.0 Mln vs. $$231.4 Mln last year.

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