ZACKSยท2025-07-22 15:06Company Overview - Algoma Steel Group Inc. (ASTL) is expected to report a year-over-year decline in earnings due to lower revenues for the quarter ended June 2025, with a consensus estimate of a loss of $0.45 per share, representing a significant change of -800% [1][3] - Revenues are anticipated to be $425.54 million, reflecting a decrease of 10.5% compared to the same quarter last year [3] Earnings Expectations - The earnings report is scheduled for release on July 29, and the stock price may increase if the actual results exceed expectations, while a miss could lead to a decline [2] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analyst expectations [4] Earnings Surprise Prediction - The Zacks Earnings ESP (Expected Surprise Prediction) model compares the Most Accurate Estimate to the Zacks Consensus Estimate, providing insights into potential earnings surprises [6][7] - A positive Earnings ESP reading is a strong indicator of an earnings beat, especially when combined with a favorable Zacks Rank [9] Industry Context - Nucor (NUE), another player in the steel producers industry, is expected to report earnings of $2.62 per share for the same quarter, indicating a year-over-year change of -2.2% [17] - Nucor's revenues are projected to be $8.41 billion, up 4.1% from the previous year, with a positive Earnings ESP of +0.69%, suggesting a likely earnings beat [18]