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Astec Industries: Q3 Earnings Snapshot
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CHATTANOOGA, Tenn. (AP) — CHATTANOOGA, Tenn. (AP) — Astec Industries Inc. (ASTE) on Thursday reported a loss of $12.2 million in its third quarter.

On a per-share basis, the Chattanooga, Tennessee-based company said it had a loss of 53 cents. Earnings, adjusted for one-time gains and costs, were less than 1 cent on a per-share basis.

The maker of equipment for building, paving and mining posted revenue of $352.4 million in the period.

Astec Industries shares have fallen slightly more than 9% since the beginning of the year. The stock has declined 15% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ASTE at https://www.zacks.com/ap/ASTE

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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