Algoma Steel Group Earnings Report Algoma Steel Group Earnings Report: Surpassing EPS Estimations but Falling Short on Revenue for Q4 2024

Photo of author

By Ronald Tech

ASTL stock - ASTL Stock Earnings: Algoma Steel Gr Beats EPS, Misses Revenue for Q4 2024

Algoma Steel Group (NASDAQ:ASTL) has recently unveiled its performance for the fourth quarter of 2024.

  • The company exceeded earnings per share expectations by reporting 7 cents, surpassing the analyst projection of -1 cent.
  • However, Algoma Steel Group fell short on revenue, recording $460.44 million, which was 19.92% below the anticipated revenue of $575.00 million.

Article printed from InvestorPlace Media, https://investorplace.com/earning-results/2024/06/astl-stock-earnings-algoma-steel-gr-for-q4-of-2024/.

©2024 InvestorPlace Media, LLC


See also  AMMO, Inc. Faces Securities Fraud Lawsuit - Implications for Investors AMMO, Inc. Faces Securities Fraud Lawsuit - Implications for Investors