Algoma Steel Group (ASTL) News Today

Shares of Algoma Steel Group Inc. (NASDAQ:ASTL) are trading higher as investors digest a series of earnings‐estimate revisions from Stifel Canada. While near‐term quarters saw upward EPS revisions, forecasts for 2026 were scaled back significantly.

• Positive Sentiment: Stifel Canada published a bullish outlook for Q3 earnings, signaling stronger-than-expected performance this quarter. Stifel Canada Has Bullish Forecast for ASTL Q3 Earnings
• Positive Sentiment: Analyst I. Gillies raised his Q3 2025 EPS forecast to ($0.63) from ($0.66), reflecting improved expectations. Q3 EPS Forecast for Algoma Steel Group Boosted by Analyst
• Positive Sentiment: Q4 2025 EPS estimate was lifted to ($0.39) from ($0.55), reducing the anticipated loss for the quarter. Free Report
• Positive Sentiment: FY2025 EPS outlook improved to ($1.88) from ($2.07), suggesting a smaller full-year deficit. Free Report
• Negative Sentiment: Stifel Canada cut its Q1 2026 EPS view to ($0.60) from a prior $0.12, marking a sharp downward revision. Free Report
• Negative Sentiment: Q2 2026 EPS forecast was reduced to ($0.65) from $0.24, signaling weaker expected performance. Free Report
• Negative Sentiment: Q3 2026 EPS projection slashed to ($0.66) from $0.25, further lowering long-term outlooks. Free Report
• Negative Sentiment: Q4 2026 EPS outlook downgraded to ($0.67) from $0.26, extending the negative revisions into the year-end. Free Report
• Negative Sentiment: FY2026 EPS estimate plunged to ($2.56) from $0.87, reflecting broad downward revisions for next year. Free Report