NASDAQ$ASTE

Astec Industries Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

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.

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.

Headline financials

Total Revenue

$278M

Previous: $265M+4.8%
EPS (adj)

$0.49

Previous: $0.67-26.9%
Capital Expenditures

-$7.2M

Previous: -$7.41M+2.8%
Free Cash Flow

$1.8M

Previous: $1.85M-2.8%
Net Income

$9M

Previous: $9.26M-2.8%
Operating Income

$11.2M

Previous: $10.9M+3.1%
Gross Profit

$67M

Previous: $59.6M+12.4%
Cash & Equivalents

$175M

Previous: $120M+45.7%
Total Assets

$902M

Previous: $794M+13.7%
Stock-Based Comp

$1.5M

Previous: $1.89M-20.5%

Revenue & EPS history

Astec · Revenue · Quarterly

$278M

Q2 2021+4.8%vs Q2 2020
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Revenue by segment

Astec · $180M total across 1 segment · Q2 2021

  • Infrastructure Solutions
    $180M-0.9%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

-1.3%

Avg return

Earnings day

-0.8%

Avg return

5 days after

-0.7%

Avg return

30 days after

46%

31 / 68 earnings

Positive

+18.2%

Q2 2016

Best reaction

-30.6%

Q3 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-14.5%-15.9%-19.9%
Q4 2025+4.8%+9.3%-10.9%
Q3 2025-2.2%-0.9%-2.6%
Q1 2025+6.7%+8.1%+12.2%
Q4 2024+13.9%+11.4%+12.4%
Q3 2024+11.6%+16.9%+13.2%
Q2 2024+1.3%+0.7%-3.0%
Q1 2024-20.7%-21.9%-22.3%
Q4 2023+11.8%+11.9%+20.3%
Q3 2023-25.5%-21.3%-19.7%
Q2 2023+2.5%+4.5%+6.6%
Q1 2023-2.8%-0.4%+0.5%
Q4 2022+8.5%+4.0%-8.4%
Q3 2022-2.3%+0.9%+0.6%
Q2 2022-15.2%-13.6%-22.2%
Q1 2022+3.2%+2.8%+16.6%
Q4 2021-6.3%-6.9%-15.9%
Q3 2021+11.8%+35.4%+16.3%
Q2 2021-1.9%-2.7%-2.2%
Q1 2021-12.2%-11.8%-10.0%
Q4 2020+4.5%+5.2%+11.0%
Q3 2020-9.0%-0.7%+13.9%
Q2 2020+11.3%+15.5%+16.9%
Q1 2020+5.1%+6.0%+28.5%
Q4 2019+2.0%+3.8%+32.2%
Q3 2019+5.4%+8.3%+15.0%
Q2 2019+6.5%+6.2%-10.3%
Q1 2019-23.2%-22.1%-30.4%
Q4 2018+3.3%+2.6%-1.0%
Q3 2018-30.6%-28.3%-26.9%
Q2 2018-16.8%-20.6%-21.3%
Q1 2018-2.1%-2.8%+2.2%
Q4 2017+1.2%+1.3%-8.7%
Q3 2017-2.2%-0.2%+5.7%
Q2 2017-10.4%-9.4%-15.8%
Q1 2017+0.1%+0.0%-11.8%
Q4 2016-7.0%-9.5%-13.4%
Q3 2016-11.2%-9.9%+9.3%
Q2 2016+18.2%+14.8%+14.3%
Q1 2016+6.0%
Q4 2015+4.7%
Q3 2015-8.4%
Q2 2015-7.1%
Q1 2015+3.2%
Q4 2014+8.6%
Q3 2014-5.5%
Q2 2014+2.7%
Q1 2014-4.4%
Q4 2013+10.7%
Q3 2013-2.3%
Q2 2013-2.0%
Q1 2013+3.0%
Q4 2012+0.9%
Q3 2012-2.1%
Q2 2012+2.9%
Q1 2012-5.8%
Q4 2011-2.6%
Q3 2011-4.4%
Q2 2011+1.4%
Q1 2010-0.7%
Q1 2011+3.5%
Q4 2008-1.3%
Q4 2010-1.3%
Q3 2010-1.4%
Q3 2009-1.4%
Q2 2010-1.5%
Q4 2009-1.5%
Q2 2009-1.5%

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