{"schema_version":"secwatch.filing_event.v1","accession":"0000792987-24-000012","form_type":"8-K","ticker":"ASTE","cik":"0000792987","company_name":"ASTEC INDUSTRIES INC","filed_at":"2024-02-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.934113+00:00","generated_at":"2026-06-05T09:52:41.090395+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Astec Q4 EPS $0.65, adjusted $0.90; gross margin up 610 bps to 26.4%","bullets":["Q4 net sales $337.2M (-3.6% YoY); FY net sales $1.34B (+5.0%).","Q4 adjusted EPS $0.90 vs $0.34 YoY; FY adjusted EPS $2.67 vs $1.23.","Backlog $569.8M (normalizing from $969M peak); implied orders +27.6% sequentially.","Infrastructure Solutions segment margin 14.7% (+500 bps); Materials Solutions margin 9.3% (+50 bps).","Total liquidity $234.5M; dividend maintained at $0.13/share."],"urls":{"canonical":"https://secwatch.observer/filing/0000792987-24-000012","json":"https://secwatch.observer/filing/0000792987-24-000012.json","markdown":"https://secwatch.observer/filing/0000792987-24-000012.md","text":"https://secwatch.observer/filing/0000792987-24-000012.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/792987/000079298724000012/0000792987-24-000012-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/792987/000079298724000012/aste-20240228.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T09:52:41.090395+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4f67949f685ec17bba7f618292c54bbcc5be8b74","claim":"ASTEC INDUSTRIES INC reported three months and year ended December 31, 2023 results: revenue Net sales decreased 3.6% to $337.2 million in the quarter. Full year net sales increased 5.0% to $1.3 billion., net income Net income (loss) attributable to controlling interest 14.9 (1.0) 1,590.0 % 33.5 (0.1) 33,600.0 %, EPS Diluted EPS of $0.65 compared to $(0.04) in the quarter; Full year diluted EPS of $1.47 compared to $0.00.","evidence_excerpt":"RESULTS Fourth Quarter and Full Year 2023 Overview (all comparisons are made to the corresponding prior year fourth quarter or prior year, as applicable) : • Net sales decreased 3.6% to $337.2 million in the quarter. Full year net sales increased 5.0% to $1.3 billion. • Gross margin of 26.4% increased 610 basis points in the quarter. Full year gross margin","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/792987/000079298724000012/0000792987-24-000012-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months and year ended December 31, 2023"},{"label":"Revenue","value":"Net sales decreased 3.6% to $337.2 million in the quarter. Full year net sales increased 5.0% to $1.3 billion."},{"label":"Net income","value":"Net income (loss) attributable to controlling interest 14.9 (1.0) 1,590.0 % 33.5 (0.1) 33,600.0 %"},{"label":"EPS","value":"Diluted EPS of $0.65 compared to $(0.04) in the quarter; Full year diluted EPS of $1.47 compared to $0.00"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}