earnings
confidence high
sentiment neutral
materiality 0.70
Astec Q3 net loss of $6.2M; adjusted EPS $0.31 vs -$0.01 YoY
ASTEC INDUSTRIES INC
2024-Q3 EPS reported
-$0.74
revenue$946,100,000
- Net sales of $291.4M, down 3.9% YoY; net loss $6.2M includes $8.4M litigation settlement charge.
- Adjusted net income $7.0M; adjusted EPS $0.31 vs $(0.01) in prior year period.
- Adjusted EBITDA $17.4M (+74% YoY); operating cash flow $22.5M; free cash flow $19.9M.
- Infrastructure Solutions sales $165.0M (+slightly); Materials Solutions sales $126.4M (-9.6%).
- Dividend of $0.13/share paid; backlog $475.8M (-22.6%).