FY2025 EPS Forecast for Algoma Steel Group Lifted by Analyst

Algoma Steel Group Inc. (TSE:ASTFree Report) – Equities researchers at Stifel Canada lifted their FY2025 earnings estimates for Algoma Steel Group in a report released on Monday, September 29th. Stifel Canada analyst I. Gillies now expects that the company will post earnings per share of ($2.62) for the year, up from their previous forecast of ($2.72). Stifel Canada also issued estimates for Algoma Steel Group’s Q4 2025 earnings at ($0.54) EPS, Q1 2026 earnings at ($0.83) EPS, Q2 2026 earnings at ($0.90) EPS, Q3 2026 earnings at ($0.92) EPS, Q4 2026 earnings at ($0.93) EPS and FY2026 earnings at ($3.57) EPS.

Separately, Royal Bank Of Canada upgraded Algoma Steel Group to a “hold” rating in a research note on Monday, September 29th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company has an average rating of “Hold”.

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About Algoma Steel Group

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Astron Connect Inc through its subsidiaries engages in the distribution and sale of beverage and food products in Canada.

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Earnings History and Estimates for Algoma Steel Group (TSE:AST)

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