2023-08-04 17:38
Astec Industries (NASDAQ:ASTE) Releases Quarterly Earnings Results, Beats Expectations By $0.28 EPS
Astec Industries ( NASDAQ:ASTE – Get Free Report ) released its quarterly earnings data on Wednesday. The industrial products company reported $0.87 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.28, Briefing.com reports. Astec Industries had a return on equity of 8.68% and a net margin of 1.83%. The company had revenue of $350.00 million for the quarter, compared to the consensus estimate of $348.74 million. During the same quarter last year, the business posted $0.
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