Astec Industries (ASTE) Has Tumbled To A New Low After Q3 Miss

Shutterstock photo

(RTTNews.com) - Astec Industries ( ASTE ) reported third quarter EPS of $0.30 Tuesday morning, which fell short of the consensus estimate of $0.59. Revenues came in at $256.61 million, which was short of street expectations of $276.8 million.

Astec Industries gapped open lower this morning and has dropped sharply in early trade. Shares are now down 8.27 at $39.00 on above average volume. The stock has plunged to a new low for the year.

Read the original article on RTTNews (http://www.rttnews.com/2946332/astec-industries-aste-has-tumbled-to-a-new-low-after-q3-miss.aspx)

For comments and feedback: contact editorial@rttnews.com

This article appears in: Stocks
Referenced Symbols: ASTE

More from RTT News


See All RTT news

Research Brokers before you trade

Want to trade FX?