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AI brief of an SEC Form 8-K · Astec Industries (ASTE)

Astec cuts 2026 Adjusted EBITDA guidance; Q3 net loss of $12.2 million

Negative Impact 4 of 5 guidance

Astec Industries reported third quarter 2026 net sales of $352.4 million, up 0.7%, but a net loss attributable to controlling interest of $12.2 million, or $(0.53) per diluted share, compared with a loss of $(0.18) a year earlier. The company cut its full year 2026 Adjusted EBITDA guidance to $140 million to $150 million from $160 million to $175 million, citing a pause in orders and inflationary headwinds, which lowers the earnings outlook for shareholders.

Key points

  • Q3 2026 net sales were $352.4 million, up 0.7% from $350.1 million a year earlier
  • Q3 net loss attributable to controlling interest was $12.2 million; Adjusted EPS was $(0.01) versus $0.47 a year earlier
  • Full year 2026 Adjusted EBITDA guidance revised to $140 million to $150 million from $160 million to $175 million
  • Backlog rose 49.2% to $670.5 million; Q3 Adjusted EBITDA was $18.9 million versus $27.1 million

The filing

CompanyAstec Industries (ASTE)
Form8-K, current report
Filed with the SECNov 5, 2026, 7:01 AM ET
Accession number0000792987-26-000053

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.