Astec Industries, Inc. (ASTE) Misses Q1 EPS by 14c

Astec Industries, Inc. (NASDAQ: ASTE) reported Q1 EPS of $0.41, $0.14 worse than the analyst estimate of $0.55. Revenue for the quarter came in at $238.7 million versus the consensus estimate of $257.75 million.

The Company's backlog increased 8% from $276.5 million at March 31, 2013 to $299.6 million at March 31, 2014. The domestic backlog increased 18% from $167.3 million at March 31, 2013 to $196.9 million at March 31, 2014. The international backlog at March 31, 2014 was $102.7 million, a 6% decrease from the March 31, 2013 international backlog of $109.2 million.

For earnings history and earnings-related data on Astec Industries, Inc. (ASTE) click here.

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