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Algoma Steel Q4 Loss Widens, Revenue Declines; Shares Fall After Hours
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Algoma Steel Q4 Loss Widens, Revenue Declines; Shares Fall After Hours
Mar 11, 2026 3:40 PM

05:59 PM EDT, 03/11/2026 (MT Newswires) -- Algoma Steel Group ( ASTL ) reported late Wednesday a Q4 net loss of CA$3.36 ($2.47) per diluted share, wider than the CA$0.61 loss per share a year earlier.

Four analysts polled by FactSet expected a loss of CA$0.61.

Revenue for the quarter ended Dec. 31 was CA$455 million, down from CA$590.3 million.

Three analysts polled by FactSet expected CA$472.9 million.

Shares of Algoma Steel ( ASTL ) were down nearly 9% in after-hours trading.

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