31.31
price down icon0.27%   -0.085
after-market Handel nachbörslich: 31.31
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Warum fällt Astec Industries Inc-Aktie (ASTE)?

2023-11-01:

Shares of Astec Industries (ASTE) dropped by 22.20% from $40.04 to $31.15 in the trading on Wednesday, November 1, 2023. The reason why ASTE down is due to the company's disappointing quarterly earnings report.

  • Earnings Miss and Surprise: Astec Industries reported a quarterly loss of $0.01 per share, significantly below the Zacks Consensus Estimate of $0.64 per share. This contrasts with earnings of $0.28 per share for the same period the previous year. These figures are adjusted for non-recurring items, resulting in an earnings surprise of -101.56%. In the prior quarter, the company was expected to earn $0.59 per share but exceeded expectations with earnings of $0.87 per share, resulting in a 47.46% surprise.
  • Revenue Miss: The company's revenue for the quarter ending in September 2023 was $303.1 million, falling short of the Zacks Consensus Estimate by 8.01%. This figure also represented a decrease from year-ago revenues of $315.2 million.
farm_heavy_construction_machinery LNN
$127.27
price up icon 3.42%
$32.02
price down icon 1.51%
farm_heavy_construction_machinery ALG
$176.40
price up icon 2.02%
farm_heavy_construction_machinery TEX
$44.89
price up icon 2.05%
farm_heavy_construction_machinery OSK
$91.79
price up icon 2.49%
$97.09
price up icon 6.87%
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