Astec Industries Q1 Earnings Advance

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(RTTNews.com) - Astec Industries ( ASTE ) released a profit for its first quarter that increased from last year.

The company's earnings came in at $20.3 million, or $0.87 per share. This compares with $15.1 million, or $0.65 per share, in last year's first quarter.

Analysts had expected the company to earn $0.88 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 2.2% to $325.45 million from $318.40 million last year.

Astec Industries earnings at a glance:

-Earnings (Q1): $20.3 Mln. vs. $15.1 Mln. last year.
-EPS (Q1): $0.87 vs. $0.65 last year.
-Analysts Estimate: $0.88
-Revenue (Q1): $325.45 Mln vs. $318.40 Mln last year.

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This article appears in: Fundamental Analysis , World Markets , Stocks , Earnings
Referenced Symbols: ASTE ,

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