Algoma Steel Gr Q2 EPS $(0.64) Misses $(0.39) Estimate, Sales $193.231M Miss $425.540M Estimate
Algoma Steel Gr (NASDAQ:ASTL) reported quarterly losses of $(0.64) per share which missed the analyst consensus estimate of $(0.39) by 61.54 percent. This is a 12.5 percent increase over losses of $(0.72) per share from
Algoma Steel lost more money per share than experts thought it would, and made much less money overall than expected. When a company does worse than what people predicted, it can signal the company is struggling more than anyone realized.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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