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Jun 30, 2021
Astec Q2 2021 Earnings Report
Astec's financial performance saw increased net sales and gross profit margin, but decreased net income and adjusted EPS compared to the prior year second quarter.
Key Takeaways
Astec Industries reported a 4.8% increase in net sales to $278.0 million, a 160 bps increase in gross profit margin to 24.1%, a 3.2% decrease in net income to $9.0 million, and a decrease in diluted EPS to $0.39. The company's backlog reached a record $436.1 million.
Net sales increased 4.8% to $278.0 million.
Gross Profit Margin increased 160 bps to 24.1%.
Net Income decreased 3.2% to $9.0 million.
Record Backlog of $436.1 million.
Revenue by Segment
Historical Earnings Impact
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Avg. Return Before/After Earnings
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