Algoma Steel Group Inc. (ASTL) Tops Q3 Earnings and Revenue Estimates

Algoma Steel Group Inc. (ASTL) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of a loss of $0.7 per share. This compares to a loss of $0.72 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +117.14%. A quarter ago, it was expected that this company would post a loss of $0.45 per share when it actually produced a loss of $0.74, delivering a surprise of -64.44%.Over the last four quarters ...