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

Algoma Steel

29/07/2025 22:53

Algoma Steel Group Inc ASTL.OQ reported a quarterly adjusted loss of C$1.02​​ per share for the quarter ended June 30.  The mean expectation of three analysts for the quarter was for a loss of 52 cents per share. Wall Street expected results to range from -61 cents to -42 cents per share.

Revenue was C$589.70 million​; analysts expected C$591.70 million.

Algoma Steel Group Inc shares had fallen by 11.2% this quarter and lost 37.4% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 102.6% in the last three months.​

In the last 30 days, two 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 09:53 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 2025
-0.52
-1.02
Missed
Mar. 31 2025
-1.00
-1.46
Missed