Astec Industries, Inc. (ASTE)
NASDAQ:ASTE
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Earnings Data
Report Date
Aug 05, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.08Last Year’s EPS
0.88Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a generally positive operational and top-line story: strong revenue growth (+20.3% YoY), expanding backlog (+36% YoY), significant Materials Solutions momentum, healthy free cash flow ($32.6M) and successful acquisition integrations. Offsetting these positives are near-term profitability pressures driven by tariffs, freight/duty inflation, elevated trade-show costs, mix/timing effects and a notable quarter-on-quarter margin decline (310 bps) that reduced adjusted EPS materially. Management maintained full-year adjusted EBITDA guidance and emphasized backlog and pricing actions to mitigate cost pressures, signaling confidence in recovery later in the year.Company Guidance
Strong Revenue Growth
Consolidated net sales increased 20.3% year-over-year for the quarter; trailing 12-month net sales grew 11.5%.
Robust Backlog and Order Activity
Backlog grew to $549 million from $403 million, an increase of $146 million or 36% year-over-year; implied orders were $397 million, up $85 million or 27.2% YoY, and book-to-bill in each segment exceeded 100%.
Materials Solutions Outperformance
Materials Solutions net sales rose $65.9 million or 70.6% YoY (trailing 12-month +36.3%); segment operating adjusted EBITDA increased 71.2% to $8.9 million for the quarter and up 59.6% on a trailing 12-month basis; trailing 12-month margin expanded 140 basis points to 9.6%.
Adjusted EBITDA and Trailing Performance
First quarter adjusted EBITDA was $30.3 million with an adjusted EBITDA margin of 7.6%; trailing 12-month adjusted EBITDA was $136 million with a 9.2% margin.
Strong Free Cash Flow and Liquidity
Generated $32.6 million of free cash flow in Q1; ended the quarter with $73.4 million cash and $194.1 million available credit for total liquidity of $267.5 million; net debt-to-adjusted EBITDA ~2.3x (within 1.5x–2.5x target).
Parts & Service Growth and Mix
Parts and service sales increased $24 million or 19.7% YoY and remained approximately 37% of net sales, supporting recurring revenue objectives and aftermarket expansion.
Successful Acquisitions and Integration Progress
TerraSource (July 2025) and CWMF (Jan 2026) integrations progressing well (payroll, finance, sales alignment); CWMF synergies realizing faster than prior deals and cross-selling/procurement opportunities identified.
Reaffirmed Full-Year Guidance
Management maintained full-year 2026 adjusted EBITDA guidance of $170 million to $190 million and reiterated capacity to invest (capex $40M–$50M; D&A $55M–$65M).
Favorable Industry Tailwinds
Stable federal infrastructure funding and record state/local transportation awards (2025 value $152.2B vs $132.2B in 2024) support multiyear demand for Astec products.
ASTE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ASTE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | $62.54 | $53.46 | -14.51% |
Feb 25, 2026 | $58.22 | $61.01 | +4.80% |
Nov 05, 2025 | $46.05 | $45.02 | -2.24% |
Aug 06, 2025 | $39.96 | $38.96 | -2.50% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Astec Industries, Inc. (ASTE) report earnings?
Astec Industries, Inc. (ASTE) is schdueled to report earning on Aug 05, 2026, Before Open (Confirmed).
What is Astec Industries, Inc. (ASTE) earnings time?
Astec Industries, Inc. (ASTE) earnings time is at Aug 05, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ASTE EPS forecast?
ASTE EPS forecast for the fiscal quarter 2026 (Q2) is 1.08.