Algoma Steel (US:ASTL) ZACKS·2025-10-29 23:31Group 1: Algoma Steel Group Inc. Earnings Report - Algoma Steel Group Inc. reported quarterly earnings of $0.12 per share, exceeding the Zacks Consensus Estimate of a loss of $0.7 per share, and improved from a loss of $0.72 per share a year ago, representing an earnings surprise of +117.14% [1] - The company has surpassed consensus EPS estimates three times over the last four quarters [2] Group 2: Legato Merger Performance - Legato Merger reported revenues of $380.44 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 3.67%, but down from year-ago revenues of $440.06 million [2] - Legato Merger shares have declined approximately 56.4% since the beginning of the year, contrasting with the S&P 500's gain of 17.2% [3] Group 3: Future Earnings Outlook - The company's earnings outlook is crucial for investors, including current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the upcoming quarter is -$0.42 on revenues of $443.88 million, and for the current fiscal year, it is -$1.98 on revenues of $1.61 billion [7] Group 4: Industry Context - The Steel - Producers industry is currently ranked in the bottom 32% of over 250 Zacks industries, indicating potential challenges for stocks within this sector [8] - Salzgitter AG, another company in the same industry, is expected to report a quarterly loss of $0.05 per share, reflecting a year-over-year change of +86.5%, with revenues projected at $2.64 billion, down 3.2% from the previous year [9]