Group 1 - The article discusses the perspective of a value-oriented analyst focused on the oil and gas sector, emphasizing the importance of analyzing cash flows and assessing company value [1] - The analyst employs Benjamin Graham's investment philosophy combined with a contrarian approach to identify businesses trading at significant discounts to their intrinsic value [1] Group 2 - The analyst runs a newsletter called Crude Value Insights, which aims to provide insights into the valuation of companies within the oil and gas industry [1]

Core Viewpoint - Astec Industries, Inc. is set to release its third quarter 2024 financial results on November 6, 2024, followed by a conference call to discuss the results [1]. Group 1: Financial Results Announcement - The third quarter results will be released to the wire service at approximately 7:00 a.m. Eastern Time on November 6, 2024 [1]. - A live conference call will take place at 8:30 a.m. Eastern Time on the same day, hosted by key executives including the President and CEO, CFO, and other senior management [1]. Group 2: Access Information - Participants can access the call by dialing (888) 440-4118 or (646) 960-0833 for international callers, at least 10 minutes prior to the scheduled time [1]. - A live webcast of the call will also be available through a provided link, with an archived version accessible for ninety days post-call [1]. Group 3: Company Overview - Astec is a manufacturer specializing in equipment for asphalt road building, aggregate processing, and concrete production, divided into two main business segments: Infrastructure Solutions and Materials Solutions [3].

Group 1 - Astec Industries, Inc. will present at the Sidoti Small-Cap Virtual Investor Conference on September 19, 2024, at 10:00 a.m. EDT, with key executives participating in one-on-one meetings with investors [1] - The conference aims to provide a platform for small and microcap companies to engage with investors, highlighting Astec's focus on investor relations [1][2] - Registration for the conference and one-on-one meetings is free and open to all interested participants, not limited to Sidoti clients [1] Group 2 - Astec Industries specializes in manufacturing equipment for asphalt road building, aggregate processing, and concrete production, operating through two main segments: Infrastructure Solutions and Materials Solutions [3] - The Infrastructure Solutions segment includes products related to road building, asphalt and concrete plants, as well as thermal and storage solutions [3] - The Materials Solutions segment focuses on aggregate processing equipment, indicating a comprehensive approach to construction and infrastructure needs [3]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number: 001-11595 Astec Industries, Inc. (Exact name of registrant as specified in its charter) Tennessee 62-0873631 (State or o ...

Astec Industries, Inc. (NASDAQ:ASTE) Q2 2024 Earnings Conference Call August 7, 2024 8:30 AM ET Company Participants Steve Anderson – Senior Vice President of Administration and Investor Relations Jaco van der Merwe – President and Chief Executive Officer Heinrich Jonker – Interim Chief Financial Officer Conference Call Participants Mig Dobre – Baird Stephen Ferazani – Sidoti Operator Hello, and welcome to Astec Industries Second Quarter Earnings Call. As a reminder, this conference call is being recorded. ...

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GAAP Adjusted NEWS RELEASE ASTEC REPORTS SECOND QUARTER 2024 RESULTS Second Quarter 2024 Overview (all comparisons are made to the corresponding prior year second quarter unless otherwise specified): • Net sales of $345.5 million decreased 1.3% from the record sales in the prior year. • Implied orders increased 5.9% sequentially from the first quarter. • Inventory initiatives drove $28.7 million sequential reduction from the first quarter. • Diluted EPS of $(0.61), which included an $0.89 per share impact r ...

Second Quarter 2024 Overview (all comparisons are made to the corresponding prior year second quarter unless otherwise specified): Net sales of $345.5 million decreased 1.3% from the record sales in the prior year.Implied orders increased 5.9% sequentially from the first quarter.Inventory initiatives drove $28.7 million sequential reduction from the first quarter.Diluted EPS of $(0.61), which included an $0.89 per share impact related to goodwill impairment, compared to $0.58; Adjusted EPS of $0.61 compared ...

CHATTANOOGA, Tenn., July 29, 2024 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ:ASTE) announced that its Board of Directors declared a quarterly dividend of $0.13 per share. The dividend is to be paid on or about August 30, 2024 to shareholders of record as of the close of business on August 12, 2024. About ASTEC Astec is a manufacturer of specialized equipment for asphalt road building, aggregate processing and concrete production. Astec's manufacturing operations are divided into two primary business ...

CHATTANOOGA, Tenn., July 15, 2024 (GLOBE NEWSWIRE) -- You are invited by Astec Industries, Inc. (NASDAQ:ASTE) to participate in a conference call to review the company's second quarter 2024 financial results. Astec Industries, Inc. will be releasing the company's second quarter results to the wire service on Wednesday, August 7, 2024 at approximately 7:00 a.m. Eastern Time. The live call will begin on Wednesday, August 7, 2024 at 8:30 a.m. Eastern Time. Jaco van der Merwe, President and Chief Executive Offi ...