Astec Industries (ASTE) Misses Q2 EPS by 18c
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Astec Industries Reports Second Quarter 2015 Results
July 21, 2015 7:00 AM EDTCHATTANOOGA, Tenn., July 21, 2015 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (Nasdaq: ASTE) today reported results for their second quarter ended June 30, 2015.Â
Net sales for the second quarter of 2015 were $268.0 million compared to $277.3 million for the second quarter of 2014, a 3% decrease. Earnings for the second quarter of 2015 were $11.8 million or $0.51 per diluted share compared to $14.5 million or $0.63 per diluted share for the second quarter of 2014, a decrease of 19%.Â
Domestic sales increased 5% to $194.6 million for the second quarter of 2015 from $184.7 million for the second quarter of 2014. International sales were... More
