Astec Industries Q3 sales beat estimates

Reuters
Nov 05, 2025
Astec Industries Q3 sales beat estimates

Overview

  • Astec Q3 net sales rise 20.1% yr/yr, beating analyst expectations

  • Adjusted EPS for Q3 beats consensus, reflecting operational advancements

  • Company reports 55.7% increase in adjusted EBITDA, driven by TerraSource acquisition

Outlook

  • Astec raises lower end of full-year adjusted EBITDA guidance to $132 mln

  • Company maintains upper end of full-year adjusted EBITDA guidance at $142 mln

Result Drivers

  • TERRASOURCE ACQUISITION - Acquisition of TerraSource contributed significantly to net sales and adjusted EBITDA growth

  • INFRASTRUCTURE DEMAND - Strong demand for asphalt and concrete plants boosted Infrastructure Solutions sales by 17.1%

  • OPERATIONAL EFFICIENCIES - Manufacturing and procurement efficiencies improved profitability, per CEO Jaco van der Merwe

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Sales

Beat

$350.10 mln

$330.91 mln (2 Analysts)

Q3 Adjusted EPS

Beat

$0.47

$0.38 (2 Analysts)

Q3 EPS

-$0.18

Q3 Adjusted EBITDA

$27.10 mln

Analyst Coverage

  • The one available analyst rating on the shares is "strong buy"

  • Wall Street's median 12-month price target for Astec Industries Inc is $54.50, about 14.8% above its November 4 closing price of $46.41

  • The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 14 three months ago

Press Release: ID:nGNX7N2prv

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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