Cleveland-Cliffs Stock News

Cleveland-Cliffs Is A Long-Term Growth Strategy

Cleveland-Cliffs (CLF) lags Q1 earnings and revenue estimates due to lower volumes.

Lourenco Goncalves, Cleveland-Cliffs CEO, joins 'Closing Bell Overtime' to talk quarterly results, share buybacks, the U.S. Steel-Nippon deal and more.

Cleveland Cliffs missed revenue and earnings in the first quarter. However, the miss was really due to just one segment going on a "buyer's strike," which seems to have been resolved.

Steel producers Nucor and Cleveland-Cliffs both missed Wall Street's first quarter estimates. The shares are down for different reasons, however.

Cleveland-Cliffs (CLF) came out with quarterly earnings of $0.18 per share, missing the Zacks Consensus Estimate of $0.19 per share. This compares to loss of $0.11 per share a year ago.

Things seemed to be slowing down after interest rates were raised eleven times in the previous 18 months, but according to the most recent data, the inflation rate for the last 12 months as of March i

Cleveland-Cliffs (CLF) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Get a deeper insight into the potential performance of Cleveland-Cliffs (CLF) for the quarter ended March 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates

Cleveland-Cliffs (CLF) is likely to have gained from healthy overall volumes, higher selling prices and lower steelmaking unit costs in the first quarter.

In the most recent trading session, Cleveland-Cliffs (CLF) closed at $21.24, indicating a -1.85% shift from the previous trading day.

Cleveland-Cliffs (CLF) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Cleveland-Cliffs (CLF) closed at $22.30 in the latest trading session, marking a +1.78% move from the prior day.

If the U.S. Steel (X) acquisition by Nippon doesn't go through, it will reinvigorate Cleveland-Cliffs' (CLF) acquisition plans, which the automakers are concerned about due to antitrust issues.

It may not be much, but the Russell 2000 Index (RUT) is up 7% in 2024. The index still sits about 20% below the all-time high it reached in November 2021.