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Algoma Central 8/2/2024 Earnings Report

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C$17.40 -0.13 (-0.74%)
As of 03:59 PM Eastern

Algoma Central EPS Results

Actual EPS
C$0.44
Consensus EPS
C$0.81
Beat/Miss
Missed by -C$0.37
One Year Ago EPS
N/A

Algoma Central Revenue Results

Actual Revenue
$180.97 million
Expected Revenue
$215.80 million
Beat/Miss
Missed by -$34.83 million
YoY Revenue Growth
N/A

Algoma Central Announcement Details

Quarter
Time
N/A
Conference Call Date
N/A
Conference Call Time
N/A

Conference Call Resources

Algoma Central Earnings Headlines

“Sell Nvidia before earnings”
Eric Fry just went live with one of his most controversial calls yet: “Sell Nvidia.” While Wall Street has been chasing the AI giant, Eric says its biggest customers are now its biggest competitors — and that could spell trouble ahead. Instead, he’s urging investors to consider a little-known hardware company that’s already starting to take off. In fact, while Nvidia has slipped over the past 30 days, this “off-the-radar” stock is up 18% — and Eric believes the run is just beginning.tc pixel
ALC:CA Algoma Central Corporation - Seeking Alpha
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About Algoma Central

Algoma Central (TSE:ALC) Corp owns and operates the fleet of dry and liquid bulk carriers operating on the Great Lakes, St. Lawrence Waterway. The company's Canadian flag fleet consists of self-unloading dry-bulk carriers, gearless dry-bulk carriers and product tankers. The company operates its business through six segments that are Domestic Dry-Bulk, Product Tankers, Ocean SelfUnloaders, Corporate, Investment Properties, and Global Short Sea Shipping. The company earns revenues from marine operations through contracts of affreightment, time charters, and pool revenue.

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