Astec Industries (ASTE) Tops Q4 EPS by 14c, Revenues Miss
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Astec Reports Fourth Quarter 2020 Results
March 1, 2021 7:00 AM ESTFourth Quarter 2020 Highlights (all comparisons are made to the prior year fourth quarter):
Net Sales decreased 15.6% to $238.9 millionGross Profit Margin of 23.8% increased 1410 bps; Adjusted Gross Profit Margin increased 260 bpsNet Income increased 183.7% to $15.4 million; Adjusted Net Income of $12.8 million increased 56.1% from $8.2 millionDiluted EPS of $0.67 compared to $(0.81); Adjusted EPS of $0.56 increased from $0.36CHATTANOOGA, Tenn., March 01, 2021 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (Nasdaq:... More
