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ASTLAlgoma Steel Group Inc.Sell4.8·$4.94

Algoma Steel Group (ASTL) Q3 2026 earnings — TrendMatrix coverage

BEAT · SMALLER LOSS+41.4% vs estimateEPS -$0.43 vs -$0.73 estCurrent verdict Sell 4.8/10

Reported

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy

Event detail · Q3 2026

Key numbers

Adjusted EPS
-$0.43
Estimate
-$0.73
Surprise
+41.4%
Score today
4.8/10

Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.

Report record · Q3 2026

How the report landed

Algoma Steel Group (ASTL) reported a narrower loss than forecast — adjusted EPS of -$0.43 against the -$0.73 estimate (a 41.4% beat on a still-unprofitable quarter).

Around the report

Coverage in the report window

  • Algoma Steel Gr Q3 EPS $(0.84) Misses $(0.56) Estimate, Sales $178.221M Beat $173.150M Estimate — benzinga, 2026-10-28
  • Algoma Steel Group Inc. Reports Financial Results for the Third Quarter of 2026 — fiscal.ai, 2026-10-28
Current read · as of 2026-10-29

Where TrendMatrix's rating stands now

TrendMatrix currently rates ASTL Sell at 4.8/10; no pre/post engine snapshot brackets this report.

2 of the last 4 quarters beat the estimate; this quarter's +41.4% surprise compares with a -17.0% four-quarter average. Next scheduled report: 2027-02-10.

What argues against it

  • Quality below floor (1.6 < 4.0)

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current engine read

The levels TrendMatrix's engine tracks

Current price
$4.94
Price target
$5.68
Stop
$4.59
Upside to target
+15.0%

Risk check: RSI 75 — a level conventionally read as overbought; gains at these levels often lean on momentum.

Model outputs from TrendMatrix’s engine as of 2026-10-29 — shown for context, not personalized investment advice.

Basic Materials context

ASTL at TrendMatrix's latest read

Materials producers report against the commodity cycle — realized-price capture and volume, not the EPS line, are the tells in a quarter like this.

Industry
Steel
Market cap
$520.6M
P/E (fwd)
-20.8
52-week range
$3.16–$5.90
Off 52-week high
16.3%
RSI (14)
75
Volume vs avg
0.93×
Score today
4.8/10

EPS and the estimate come from Yahoo Finance’s earnings calendar, captured around the report date. That EPS is the adjusted figure analysts forecast, so it can differ from the GAAP diluted EPS in the company’s filing, and consensus estimates vary between data providers. Revenue comes from SEC XBRL company facts where available, yfinance-provisional otherwise. Not a buy/sell rating, a price target, or investment advice — see the current verdict on the stock’s main page for TrendMatrix’s live read.

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