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Astec Industries Inc (ASTE.OQ)

ASTE.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Astec Industries Says Entered Agreement With Highland Parties On July 20
Tuesday, 24 Jul 2018 03:01pm EDT 

July 24 (Reuters) - Astec Industries Inc ::ASTEC INDUSTRIES - ON JULY 20, CO, UNIT ENTERED INTO AGREEMENT WITH HIGHLAND PELLETS, HIGHLAND, ARKANSAS TEACHERS RETIREMENT SYSTEM & GIP CAPS PINE.ASTEC INDUSTRIES INC SAYS UNDER AGREEMENT, ASTEC PARTIES TO MAKE PAYMENTS TOTALING $68 MILLION TO HIGHLAND PARTIES.ASTEC INDUSTRIES SAYS UNDER AGREEMENT, ASTEC PARTIES WILL FORGIVE ABOUT $7 MILLION IN ACCOUNTS RECEIVABLES DUE FROM HIGHLAND PELLETS - SEC FILING.ASTEC INDUSTRIES - IN EXCHANGE, HIGHLAND PARTIES & ASTEC PARTIES AGREED TO TERMINATE SALE & CONSTRUCTION CONTRACT BETWEEN HIGHLAND PELLETS AND ASTEC.ASTEC INDUSTRIES- HIGHLAND, HIGHLAND LLC TO PAY ASTEC PARTIES $7 MILLION SHOULD HIGHLAND WOOD PELLET PLANT SATISFY EMISSIONS TARGETS PRIOR TO MAY 1, 2019.  Full Article

Stifel Nicolaus & Co Reports A 6.94 Percent Passive Stake In Astec Industries
Tuesday, 12 Dec 2017 11:53am EST 

Dec 12 (Reuters) - STIFEL NICOLAUS & CO INC ::STIFEL NICOLAUS & CO INC REPORTS A 6.94 PERCENT PASSIVE STAKE IN ASTEC INDUSTRIES INC AS OF NOVEMBER 30 - SEC FILING.  Full Article

Astec Industries reports third quarter 2017 results
Tuesday, 24 Oct 2017 07:00am EDT 

Oct 24 (Reuters) - Astec Industries Inc :Astec Industries reports third quarter 2017 results.Q3 sales $252.1 million versus I/B/E/S view $261.1 million.Q3 loss per share $0.12.Q3 earnings per share view $-0.03 -- Thomson Reuters I/B/E/S.Astec Industries Inc - co's backlog at September 30, 2017 was $385.5 million compared to $389.3 million at September 30, 2016​.Astec Industries Inc - ‍expects earnings in Q4 of 2017 to be slightly below current quarter's earnings​.  Full Article

Astec Industries announces substantial design upgrades to pellet plants to achieve full production
Monday, 2 Oct 2017 06:30am EDT 

Oct 2 (Reuters) - Astec Industries Inc :Astec Industries Inc announces substantial design upgrades to pellet plants to achieve full production.Astec Industries Inc - ‍additional investment is expected to negatively impact Astec's Q3 earnings by $0.54 to $0.58 per share​.Astec Industries Inc - ‍initiated significant design upgrades to its customers' Georgia and Arkansas wood pellet plants to meet full production rates.​.  Full Article

Astec Industries announces acquisition of Rexcon Llc
Monday, 2 Oct 2017 06:30am EDT 

Oct 2 (Reuters) - Astec Industries Inc ::Astec Industries Inc announces acquisition of Rexcon Llc.Says deal for ‍purchase price for assets is $26​ million.Says deal funded through cash on hand.  Full Article

Astec Industries Q2 sales $301.9 million
Tuesday, 25 Jul 2017 07:00am EDT 

July 25 (Reuters) - Astec Industries Inc :Astec Industries reports second quarter 2017 results.Q2 sales $301.9 million versus I/B/E/S view $314 million.Q2 earnings per share $0.62.Q2 earnings per share view $0.80 -- Thomson Reuters I/B/E/S.Astec Industries Inc says company's backlog at June 30, 2017 was $352.4 million compared to $371.3 million at June 30, 2016.Astec Industries Inc - ‍domestic backlog decreased 13% to $276.2 million at June 30, 2017 from $316.4 million at June 30, 2016​.Astec Industries Inc - ‍international backlog at June 30, 2017 was $76.2 million compared to $54.9 million at June 30, 2016​.Astec Industries Inc - ‍"optimistic on our outlook for balance of 2017​".  Full Article

Astec Industries reports Q1 EPS $0.65
Tuesday, 25 Apr 2017 07:00am EDT 

April 25 (Reuters) - Astec Industries Inc :Astec Industries reports first quarter 2017 results.Q1 earnings per share $0.65.Q1 sales $318.4 million versus I/B/E/S view $291.5 million.Q1 earnings per share view $0.68 -- Thomson Reuters I/B/E/S.Says company's backlog at March 31, 2017 was $361.8 million.  Full Article

Astec Industries reports Q4 earnings per share $0.53
Tuesday, 21 Feb 2017 07:00am EST 

Astec Industries Inc - : Astec Industries reports fourth quarter and 2016 results . Q4 earnings per share $0.53 . Q4 sales $326.6 million versus I/B/E/S view $270.8 million . Says company's domestic backlog increased 13 pct to $294.8 million at December 31, 2016 from $261.8 million at December 31, 2015 . Q4 earnings per share view $0.53 -- Thomson Reuters I/B/E/S .Total backlog increased 13 pct to a year-end record of $357.4 million at December 31, 2016 from $315.9 million at December 31, 2015.  Full Article

BRIEF-Astec Industries Q1 Earnings Per Share $0.87

* Q1 EARNINGS PER SHARE VIEW $0.88 -- THOMSON REUTERS I/B/E/S