Astec Industries Inc (ASTE)

Nov 13, 2026

Komatsu has announced its intent to acquire the road construction equipment division of Astec, encompassing the Roadtec and Carlson brands. This acquisition, expected to close on January 1, 2027, will expand Komatsu's offerings to include pavers, milling machines, material transfer vehicles, and stabilizers. The move is a strategic step to strengthen Komatsu's position in the road construction market, particularly in North America.

Nov 12, 2026

Komatsu has announced its intent to acquire Astec's road construction equipment division, including the Roadtec and Carlson brands, with the deal expected to close on January 1, 2027. This acquisition aims to expand Komatsu's road construction capabilities by adding pavers, milling machines, material transfer vehicles, and stabilizers to its portfolio. The move supports Komatsu's strategic growth and investment to address a broader range of industry needs in North America and other markets.

Nov 7, 2026

Astec Industries, Inc. (NASDAQ:ASTE) published its 2026 Q3 earnings call presentation. The company reported an EPS of -$0.01, missing expectations by $0.48, and revenue of $352.40M, which was a miss by $23.07M and a 0.66% year-over-year increase. This presentation is available for investors interested in the company's financial performance.

Nov 5, 2026

Astec Industries reported Q3 2026 net sales of $352.4 million, a slight increase year-over-year, but adjusted EBITDA fell short of expectations at $18.9 million due to slower asphalt plant orders and material cost inflation. Despite a downward revision of full-year adjusted EBITDA guidance to $140-$150 million, the company saw a significant recovery in orders, especially for Infrastructure Solutions, and expects improved performance in Q4 2026 and early 2027. Management highlighted strong backlog growth, robust parts and service sales, and strategic efforts to close the inflation-pricing gap, anticipating a return to parity by early 2027, driven by federal infrastructure funding and mega-projects like data center construction.