Astec Industries (ASTE) Misses Q3 EPS by 17c
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Astec Industries Reports Third Quarter 2015 Results
October 20, 2015 7:00 AM EDTCHATTANOOGA, Tenn., Oct. 20, 2015 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (Nasdaq: ASTE) today reported results for their third quarter ended September 30, 2015.Â
Net sales for the third quarter of 2015 were $211.4 million compared to $220.2 million for the third quarter of 2014, a 4% decrease. Earnings for the third quarter of 2015 were $2.3 million or $0.10 per diluted share compared to $1.9 million or $0.08 per diluted share in the third quarter of 2014, an increase of 25%.
Domestic sales increased 10% to $156.3 million for the third quarter of 2015 compared to $142.6 million for the third quarter of 2014. International sales decreased 29% to... More
