Astec Industries (Nasdaq: ASTE) is expected to report Q2 earnings on July 23. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Astec Industries's revenues will shrink -0.3% and EPS will expand 22.2%.

The average estimate for revenue is $253.0 million. On the bottom line, the average EPS estimate is $0.55.

Revenue details
Last quarter, Astec Industries booked revenue of $247.8 million. GAAP reported sales were 1.6% lower than the prior-year quarter's $252.0 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, EPS came in at $0.57. GAAP EPS of $0.57 for Q1 were 7.5% higher than the prior-year quarter's $0.53 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 23.6%, 30 basis points better than the prior-year quarter. Operating margin was 7.3%, much about the same as the prior-year quarter. Net margin was 5.3%, 40 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $985.3 million. The average EPS estimate is $1.96.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 269 members out of 280 rating the stock outperform, and 11 members rating it underperform. Among 104 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 102 give Astec Industries a green thumbs-up, and two give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Astec Industries is hold, with an average price target of $36.43.

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