Algoma Steel Group Inc reports results for the quarter ended March 31 - Earnings Summary

Reuters

04-30

Algoma Steel Group Inc reports results for the quarter ended March 31 - Earnings Summary

Algoma Steel Group Inc ASTL.OQ reported a quarterly adjusted loss of C$1.46 per share for the quarter ended March 31. The mean expectation of two analysts for the quarter was for a loss of 100 cents per share. Wall Street expected results to range from C$-1.05 to -96 cents per share.
Revenue was C$517.10 million; analysts expected C$470.60 million.
Algoma Steel Group Inc shares had fallen by 5.7% this quarter and lost 47.8% so far this year.

FORECAST CHANGES

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

This summary was machine generated from LSEG data April 29 at 10:58 p.m. UTC. All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING	ESTIMATE	ACTUAL	BEAT, MET, MISSED
Mar. 31 2025	-1.00	-1.46	Missed

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The mean expectation of two analysts for the quarter was for a loss of 100 cents per share. Wall Street expected results to range from C$-1.05 to -96 cents per share.</p></li><li><p>Revenue was C$517.10 million; analysts expected C$470.60 million. </p></li><li><p>Algoma Steel Group Inc shares had fallen by 5.7% this quarter and lost 47.8% so far this year.</p></li></ul><p>FORECAST CHANGES</p><ul><li><p>In the last 30 days, there have been no negative revisions of earnings estimates</p></li></ul><p>RECOMMENDATIONS</p><ul><li></li></ul><p>This summary was machine generated from LSEG data April 29 at 10:58 p.m. UTC. All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. 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The mean expectation of two analysts for the quarter was for a loss of 100 cents per share. Wall Street expected results to range from C$-1.05 to -96 cents per share.Revenue was C$517.10 million; analysts expected C$470.60 million. Algoma Steel Group Inc shares had fallen by 5.7% this quarter and lost 47.8% so far this year.FORECAST CHANGESIn the last 30 days, there have been no negative revisions of earnings estimatesRECOMMENDATIONSThis summary was machine generated from LSEG data April 29 at 10:58 p.m. UTC. All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)QUARTER ENDINGESTIMATE ACTUALBEAT, MET, MISSEDMar. 31 2025 -1.00-1.46Missed","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}