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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