Astec Industries (ASTE) Misses Q1 EPS by 19c, Revenues Miss
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Astec Industries Reports First Quarter 2019 Results
April 23, 2019 7:01 AM EDTCHATTANOOGA, Tenn., April 23, 2019 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (Nasdaq:Â ASTE) today reported results for their first quarter ended March 31, 2019.Â
Net sales for the first quarter of 2019 were $325.8 million compared to $325.5 million for the first quarter of 2018. Domestic sales decreased 2.7% to $262.8 million for the first quarter of 2019 from $270.1 million for the first quarter of 2018. International sales increased 13.7% to $63.0 million for the first quarter of 2019 from $55.4 million for the first quarter of 2018.Â
Earnings for the first quarter of 2019 were $14.3 million or $0.63 per diluted share, compared to $20.3 million or $0.87 per diluted share in the first... More
