Astec Industries (ASTE) Tops Q1 EPS by 8c
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Astec Industries Reports First Quarter 2015 Results
April 21, 2015 7:00 AM EDTCHATTANOOGA, Tenn., April 21, 2015 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (Nasdaq: ASTE) today reported results for their first quarter ended March 31, 2015.
Net sales for the first quarter of 2015 were $288.7 million compared to $238.7 million for the first quarter of 2014, a 21% increase. Earnings for the first quarter of 2015 were $15.1 million or $0.65 per diluted share compared to $9.5 million for the first quarter of 2014 or $0.41 per diluted share, an increase of 59% per diluted share.
Domestic sales increased 20% to $211.0 million for the first quarter of 2015 from $175.5 million for the first quarter of 2014. International sales were $77.7 million for the... More
