Algoma Steel Group Inc reports results for the quarter ended June 30 - Earnings Summary

Algoma Steel

30/07/2026 24:13

Algoma Steel Group Inc ASTL.OQ reported a quarterly adjusted loss of 78 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of C$-1.02.  The mean expectation of four analysts for the quarter was for a loss of 83 cents per share. Wall Street expected results to range from -100 cents to -67 cents per share.
Revenue fell 54.6% to C$267.50 million from a year ago; analysts expected C$279.65 million. 
Algoma Steel Group Inc's reported EPS for the quarter was a loss of 88 cents​.
The company reported a quarterly loss of C$96 million.
Algoma Steel Group Inc shares had risen by 8.4% this quarter and gained 7.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 57.5% in the last three months.​ 
In the last 30 days, three analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." 
This summary was machine generated from LSEG data July 29 at 11:13 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
Jun. 30 2026 
-0.83
-0.78
Beat
Mar. 31 2026 
-1.07
-0.63
Beat
Dec. 31 2025 
-1.08
-2.90
Missed
Sep. 30 2025 
-0.83
0.17
Beat