Why Cleveland-Cliffs Plunged on Tuesday

03:02pm, Tuesday, 23'rd Apr 2024
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.
Cleveland-Cliffs Inc. (NYSE:CLF ) Q1 2024 Earnings Conference Call April 23, 2024 8:30 AM ET Company Participants Celso Goncalves - Executive Vice President & Chief Financial Officer Lourenco Goncalve
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.
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today reported first-quarter results for the period ended March 31, 2024. First Quarter 2024 Highlights Repurchased 30.4 million shares, o
Cleveland-Cliffs (NYSE:CLF), a vertically integrated steel mill operator, is poised to report its Q1 2024 results on April 23. We expect revenue to come in at $5.4 billion, marking an increase of abou
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs is hosting a live streamed speaking program on the Company's YouTube channel at https://www.youtube.com/watch?v=bUgTZxmVcLA.
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.
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