Astec Industries (NASDAQ:ASTE) reported its Q1 earnings results on Wednesday, May 4, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Astec Industries beat estimated earnings by 272.73%, reporting an EPS of $0.41 versus an estimate of $0.11.
Revenue was up $6.80 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.05 which was followed by a 4.28% drop in the share price the next day.
Here's a look at Astec Industries's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.02 | 0.31 | 0.50 | 0.83 |
| EPS Actual | -0.03 | 0.50 | 0.49 | 0.41 |
| Revenue Estimate | 267.89M | 266.15M | 299.68M | 311.45M |
| Revenue Actual | 267.80M | 267.00M | 278.00M | 284.40M |
To track all earnings releases for Astec Industries visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
