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

Algoma Steel Group Inc ASTL.OQ reported a quarterly adjusted loss of 62 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -78 cents.  The mean expectation of two analysts for the quarter was for a loss of 81 cents per share. Wall Street expected results

Revenue fell 4.1% to C$590.30 million from a year ago; analysts expected C$582.30 million.

Algoma Steel Group Inc's reported EPS for the quarter was a loss of 61 cents​.

The company reported a quarterly loss of C$66.5 million.

Algoma Steel Group Inc shares had fallen by 40.6% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 42.1% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

This summary was machine generated from LSEG data March 12 at 11:30 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Dec. 31 2024-0.81-0.62Beat
Sep. 30 2024-0.27-0.68Missed
Jun. 30 2024-0.040.07Beat
Mar. 31 2024-0.010.10Beat

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