Algoma Steel Group Q3 EPS $(1.18) Misses $(0.69) Estimate, Sales $249.400M Beat $247.000M Estimate
Algoma Steel Group (TSX:ASTL) reported quarterly losses of $(1.18) per share which missed the analyst consensus estimate of $(0.69) by 71.01 percent. This is a 794.12 percent decrease over earnings of $0.17 per share
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Why It Matters
Algoma Steel lost more money per share than experts expected this quarter. Even though sales were good, the bigger loss suggests the company is struggling more than people thought.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.