Algoma Steel Gr (NASDAQ:ASTL) is set to give its latest quarterly earnings report on Wednesday, 2026-03-11. Here’s what investors need to know before the announcement.
Analysts estimate that Algoma Steel Gr will report an earnings per share (EPS) of $0.32.
The market awaits Algoma Steel Gr’s announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It’s important for new investors to understand that guidance can be a significant driver of stock prices.
Overview of Past Earnings
Last quarter the company beat EPS by $0.87, which was followed by a 6.12% drop in the share price the next day.
Here’s a look at Algoma Steel Gr’s past performance and the resulting price change:
| Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2025 |
|---|---|---|---|---|
| EPS Estimate | -0.70 | -0.650 | ||
| EPS Actual | 0.17 | -0.737 | -0.33 | -0.44 |
| Price Change % | -6.12 | -3.590 | 0.89 | 7.22 |
Tracking Algoma Steel Gr’s Stock Performance
Shares of Algoma Steel Gr were trading at $4.34 as of March 09. Over the last 52-week period, shares are down 25.34%. Given that these returns are generally negative, long-term shareholders are likely upset going into …