Astec Industries (ASTE) Beats Q4 Earnings and Revenue Estimates

Astec Industries (ASTE) came out with quarterly earnings of $1.06 per share, beating the Zacks Consensus Estimate of $0.74 per share. This compares to earnings of $1.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +43.24%. A quarter ago, it was expected that this maker of equipment for building, paving and mining would post earnings of $0.45 per share when it actually produced earnings of $0.47, delivering a surprise of +4. ...