Astec Industries Q1 2024 Adj EPS $0.34 Misses $0.81 Estimate, Sales $309.200M Miss $343.268M Estimate

Astec Industries (NASDAQ:ASTE) reported quarterly Adj earnings of $0.34 per share which missed the analyst consensus estimate of $0.81 by 58.02 percent. This is a 62.22 percent decrease over earnings of $0.90 per share from the same period last year. The company reported quarterly sales of $309.200 million which missed the analyst consensus estimate of $343.268 million by 9.92 percent. This is a 11.12 percent decrease over sales of $347.900 million the same period last year.