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TSE:ASTL

Algoma Steel Group Q1 2026 Earnings Results & Report

Algoma Steel Group logo
C$6.11 -0.04 (-0.65%)
As of 10/13/2026 04:00 PM Eastern

Algoma Steel Group reported Q1 2026 earnings on May 12, 2026. The company reported EPS of -C$1.46, while revenue was $296.90 million.

Earnings Announcement Details

Quarter
Q1 2026
Report Date
Time
After Market Closes

Algoma Steel Group EPS Results

Actual EPS
-C$1.46
Consensus EPS
N/A
Beat/Miss
N/A
One Year Ago EPS
N/A

Algoma Steel Group Revenue Results

Actual Revenue
$296.90 million
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

Conference Call Resources

Algoma Steel Group Q1 2026 Earnings FAQ

Algoma Steel Group (TSE:ASTL) reported earnings of -C$1.46 per share for Q1 2026. The report was announced on Tuesday, May 12, 2026.

Algoma Steel Group reported revenue of $296.90 million for Q1 2026.

Algoma Steel Group Earnings Headlines

Algoma Steel Price Target Raised to CA$7 at RBC
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About Algoma Steel Group

Based in Sault Ste. Marie, Ontario, Algoma is a leading Canadian producer of high-quality plate and sheet steel products, proudly supporting critical sectors including energy, defence, automotive, shipbuilding, and infrastructure. Guided by a purpose to build better lives and a greener future, Algoma is shaping the next generation of sustainable steelmaking in Canada. With the transition to electric arc furnace (EAF) steelmaking and a modernized plate mill, Algoma is redefining how steel is made in Canada. Powered by Ontario's clean electricity grid, this transformation represents one of the largest industrial decarbonization initiatives in North America and is expected to reduce carbon emissions by approximately 70% once fully transitioned. These advancements provide stability for continued investment in diversification projects aligned with Canada's evolving needs. This new chapter also introduces Volta¿, the brand for all steel produced through Algoma's EAF technology.

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