Astec Industries 在 2025 年第三季度的盈利超出预期，但由于 EBITDA、利润率、现金流和积压订单疲软，其股价下跌。 Astec Industries beat earnings expectations in Q3 2025 but saw its stock drop due to weak EBITDA, margins, cash flow, and backlog.

Astec Industries报告说,2025年12月3日,全年收入增长20.1%,达到3.501亿美元,超过预期,调整后的收入为每股0.47美元,高于38美元的共识。 Astec Industries reported a 20.1% year-over-year revenue increase to $350.1 million in Q3 2025, exceeding expectations, and posted adjusted earnings of $0.47 per share, above the $0.38 consensus. 尽管收入增长强劲，净亏损收窄，但该股在 11 月 5 日下跌 5.7%，原因是担心调整后 EBITDA 下降 27.5%，营业利润率急剧下降至 0.3%，自由现金流为负 1230 万美元，积压订单同比下降 26.4%，表明成本和效率面临持续挑战。 Despite strong top-line growth and a narrowed net loss, the stock fell 5.7% on November 5 amid concerns over a 27.5% shortfall in adjusted EBITDA, a sharp drop in operating margin to 0.3%, negative free cash flow of $12.3 million, and a 26.4% year-over-year backlog decline, signaling ongoing cost and efficiency challenges.