Algoma Steel Q1 2025 GAAP EPS C$(0.07) Misses C$(0.04) Estimate, Sales C$650.50M Beat C$605.17M Estimate
Portfolio Pulse from Benzinga Newsdesk
Algoma Steel Group (NASDAQ:ASTL) reported Q1 2025 GAAP EPS of $(0.07), missing the $(0.04) estimate by 75%. However, sales of $650.50M beat the $605.17M estimate by 7.49%, marking a 5.64% increase from the same period last year.
August 13, 2024 | 9:48 pm
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NEUTRAL IMPACT
Algoma Steel Group (NASDAQ:ASTL) reported a mixed Q1 2025 with EPS missing estimates by 75% but sales beating expectations by 7.49%.
The significant EPS miss is a negative indicator, but the strong sales performance provides a positive offset. The mixed results are likely to result in neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100