Algoma Steel Group Reports Q4 EPS Of $(0.14), Sales $501.08M
Portfolio Pulse from Benzinga Newsdesk
Algoma Steel Group (NASDAQ:ASTL) reported Q4 losses of $(0.14) per share and quarterly sales of $501.08 million.
June 21, 2023 | 9:57 pm
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Algoma Steel Group reported Q4 losses of $(0.14) per share and sales of $501.08 million.
Algoma Steel Group reported a loss in Q4, which may negatively impact the stock price in the short term as investors react to the earnings report. The reported sales of $501.08 million may not be enough to offset the negative sentiment from the loss.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100