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NASDAQ:ASTE
Astec Industries Stock Earnings Reports
$34.16
+0.0500 (+0.147%)
At Close: Apr 17, 2025
Astec Industries Earnings Calls
Q1 2025
(Upcoming)
| Release date | Apr 29, 2025 |
| EPS estimate | $0.460 |
| EPS actual | - |
| Revenue estimate | 320.4M |
| Revenue actual | - |
| Expected change | +/- 10.41% |
Q4 2024
Beat
$1.19 (63.01%)
| Release date | Feb 26, 2025 |
| EPS estimate | $0.730 |
| EPS actual | $1.19 |
| EPS Surprise | 63.01% |
| Revenue estimate | 319.3M |
| Revenue actual | 359M |
| Revenue Surprise | 12.43% |
Q3 2024
| Release date | Nov 06, 2024 |
| EPS estimate | $0.310 |
| EPS actual | $0.310 |
| Revenue estimate | 371.4M |
| Revenue actual | 291.4M |
| Revenue Surprise | -21.54% |
Q2 2024
Missed
$0.610 (-12.86%)
| Release date | Aug 07, 2024 |
| EPS estimate | $0.700 |
| EPS actual | $0.610 |
| EPS Surprise | -12.86% |
| Revenue estimate | 332.35M |
| Revenue actual | 345.5M |
| Revenue Surprise | 3.96% |
Last 4 Quarters for Astec Industries
Below you can see how ASTE performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
Q2 2024
Missed
| Release date | Aug 07, 2024 |
| Fiscal end date | Jun 30, 2024 |
| Price on release | $31.23 |
| EPS estimate | $0.700 |
| EPS actual | $0.610 |
| EPS surprise | -12.86% |
| Date | Price |
|---|---|
| Aug 01, 2024 | $33.47 |
| Aug 02, 2024 | $32.07 |
| Aug 05, 2024 | $31.12 |
| Aug 06, 2024 | $31.33 |
| Aug 07, 2024 | $31.23 |
| Aug 08, 2024 | $31.74 |
| Aug 09, 2024 | $31.78 |
| Aug 12, 2024 | $31.55 |
| Aug 13, 2024 | $32.59 |
| 4 days before | -6.69% |
| 4 days after | 4.35% |
| On release day | 1.63% |
| Change in period | -2.63% |
Q3 2024
| Release date | Nov 06, 2024 |
| Fiscal end date | Sep 30, 2024 |
| Price on release | $38.06 |
| EPS estimate | $0.310 |
| EPS actual | $0.310 |
| Date | Price |
|---|---|
| Oct 31, 2024 | $31.78 |
| Nov 01, 2024 | $32.01 |
| Nov 04, 2024 | $32.37 |
| Nov 05, 2024 | $33.28 |
| Nov 06, 2024 | $38.06 |
| Nov 07, 2024 | $37.13 |
| Nov 08, 2024 | $37.82 |
| Nov 11, 2024 | $38.91 |
| Nov 12, 2024 | $38.07 |
| 4 days before | 19.76% |
| 4 days after | 0.0263% |
| On release day | -2.44% |
| Change in period | 19.79% |
Q4 2024
Beat
| Release date | Feb 26, 2025 |
| Fiscal end date | Dec 31, 2024 |
| Price on release | $35.49 |
| EPS estimate | $0.730 |
| EPS actual | $1.19 |
| EPS surprise | 63.01% |
| Date | Price |
|---|---|
| Feb 20, 2025 | $32.73 |
| Feb 21, 2025 | $30.98 |
| Feb 24, 2025 | $30.40 |
| Feb 25, 2025 | $31.17 |
| Feb 26, 2025 | $35.49 |
| Feb 27, 2025 | $35.85 |
| Feb 28, 2025 | $35.58 |
| Mar 03, 2025 | $34.73 |
| Mar 04, 2025 | $34.16 |
| 4 days before | 8.43% |
| 4 days after | -3.75% |
| On release day | 1.01% |
| Change in period | 4.37% |
Q1 2025
(Upcoming)
| Release date | Apr 29, 2025 |
| Fiscal end date | Mar 30, 2025 |
| Price on release | - |
| EPS estimate | $0.460 |
| EPS actual | - |
| Date | Price |
|---|---|
| Apr 11, 2025 | $33.77 |
| Apr 14, 2025 | $34.14 |
| Apr 15, 2025 | $34.48 |
| Apr 16, 2025 | $34.11 |
| Apr 17, 2025 | $34.16 |
Astec Industries Earnings Call Transcript Summary of Q4 2024
Sales Performance
Total Q4 net sales reached $1.3 billion, driven mainly by capital equipment and aftermarket parts in the Infrastructure Solutions segment.
- Adjusted EBITDA: Reported at $47.9 million for Q4, a 47% increase year-over-year, with an adjusted EBITDA margin of 13.3%. Full year adjusted EBITDA was $111.8 million, up 1.6% from the previous year.
- Earnings Per Share: Adjusted EPS for Q4 was a record $1.19.
- Expectations for 2025: Anticipated adjusted EBITDA between $105 million and $125 million, excluding potential tariff impacts.
Operational Highlights
- Demand Trends: Strong demand for asphalt and concrete plants, alongside stable aftermarket sales; however, capital equipment sales in the Material Solutions segment were challenged by high interest rates and dealer inventory destocking.
- Backlog: Although backlog declined, it remains healthy, with expectations of stronger second half outcomes in 2025.
- Operational Excellence: Investments made to enhance procurement and leverage purchasing power have begun to mitigate supply risks, contributing to improved operational efficiency.
Market Insights
- Infrastructure Investment: Continuous federal and state investment in infrastructure is bolstering market conditions, with significant federal funds awaiting disbursement.
- Industry Outlook: Positive indicators from trade shows and increased dealer activity signal a cautious optimism for 2025 performance based on improved market conditions.
Strategic Focus
- Employee Engagement: Ongoing efforts to empower and engage employees are a priority.
- Product Innovations: New product launches and digital integrations planned for 2025, with upcoming showcases at industry trade shows.
- Growth Strategy: Focus on operational excellence, potential inorganic growth opportunities, and expansion into international markets while managing a strong balance sheet.
Investor Considerations
- Interest Rate Impacts: High interest rates have affected capital equipment sales, but there are signs of recovery as dealers adapt.
- Tariff Risks: Ongoing management of tariff and supply chain risks is essential.
- Liquidity Position: As of the end of Q4 2024, Astec had $228.1 million in total available liquidity, supporting growth initiatives.
Investors should keep an eye on Astec's ability to navigate market fluctuations, particularly in interest rates and tariffs, as well as its execution on strategic growth initiatives and operational improvements.
Astec Industries Earnings History
Earnings Calendar
FAQ
When is the earnings report for ASTE?
Astec Industries (ASTE) has scheduled its earnings report for Apr 29, 2025 before the markets open.
What is the ASTE price-to-earnings (P/E) ratio?
ASTE P/E ratio as of Apr 17, 2025 (TTM) is 181.03.
What is the ASTE EPS forecast?
The forecasted EPS (Earnings Per Share) for Astec Industries (ASTE) for the first fiscal quarter 2025 is $0.460.
What are Astec Industries's retained earnings?
On its balance sheet, Astec Industries reported retained earnings of $359.00 million for the latest quarter ending Dec 31, 2024.
What Is an Earnings Report?
An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. Looking at the earnings report investors can start gauge the financial health of the company and make even better decisions whether to buy, sell, or stay in the company. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial ratios and use a decline as an exit point. One of the most anticipated numbers for analysis is earnings per share because it indicates how much the company earned for its shareholders. The report will also indicate a possible dividend.
Earnings Report Content
Earnings reports generally provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. These figures are typically measured against previous quarters/years. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, alongside a more general view of the financials and future forecast.
What To Know About Earnings Reports?
Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Despite good reports, stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current price of the stock. It is natural for stocks to start to move in either direction a few days before the release of an earnings report.
