NASDAQ$ASTE

Astec Industries Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Astec reported mixed Q4 2020 results with decreased net sales but increased gross profit margin and net income.

Astec Industries reported a decrease in net sales by 15.6% to $238.9 million compared to the prior year fourth quarter. However, the company experienced an increase in gross profit margin to 23.8% and a significant increase in net income by 183.7% to $15.4 million. Diluted EPS increased to $0.67 compared to $(0.81) in the same quarter of the previous year.

  • Net sales decreased by 15.6% to $238.9 million.
  • Gross Profit Margin increased by 1410 bps to 23.8%.
  • Net Income increased by 183.7% to $15.4 million.
  • Diluted EPS increased to $0.67 from $(0.81).

Headline financials

Total Revenue

$239M

Previous: $283M-15.6%
EPS (adj)

$0.56

Previous: $0.40+40.0%
Adjusted EBITDA Margin

9.8%

Previous: 5.3%+84.9%
Capital Expenditures

$4.47M

Previous: $5.44M-17.8%
Free Cash Flow

$33.7M

Previous: $22.8M+47.8%
Net Income

$15.4M

Previous: -$19.2M+180.3%
Operating Income

$17.9M

Previous: -$28.1M+163.8%
Gross Profit

$56.9M

Previous: $34.4M+65.3%
Cash & Equivalents

$159M

Previous: $48.9M+224.3%
Total Assets

$848M

Previous: $801M+6.0%
Stock-Based Comp

$286K

Previous: $519K-44.9%

Revenue & EPS history

Astec · Revenue · Quarterly

$239M

Q4 2020-15.6%vs Q4 2019
Beat estimate in 7 of 16 quarters(44%)
ActualEstimate

Revenue by segment

Astec · $167M total across 1 segment · Q4 2020

  • Infrastructure Solutions
    $167M

Forward guidance

Astec will continue to build upon our positive momentum from 2020 and further transform our business to become an even stronger and more resilient organization with continued focus on operational and commercial excellence, profitable growth and long-term stakeholder value creation.

Tailwinds

  • Continued focus on operational and commercial excellence
  • Profitable growth
  • Long-term stakeholder value creation
  • Simplify the business
  • Focus and Grow the business

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 Q4 2020

Historical avgQ4 2020

-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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