Cleveland-Cliffs

Cleveland-Cliffs, Inc. is a flat-rolled steel producer, which supplies iron ore pellets to the North American steel industry. It engages in the production of metallics and coke, iron making, steelmaking, rolling and finishing, and downstream tubular components, stamping, and tooling. The company was founded in 1847 and is headquartered in Cleveland, OH.

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Earnings data Q4 2024

Cleveland-Cliffs excels in 2022, focuses on cost efficiency and sustainability

Cleveland-Cliffs had a robust 2022, focusing on financial strength, cost efficiencies, and sustainability initiatives while navigating pricing challenges.
The company's commitment to reducing costs, enhancing client relationships, and pursuing growth opportunities positions it well for future success.
Despite financial challenges, Cleveland-Cliffs remains resilient, prioritizing operational excellence and strategic initiatives for sustainable growth.

Cleveland-Cliffs (CLF) doubles EBITDA in Q1, eyes green energy opportunities

Cleveland-Cliffs (CLF) reported a strong Q1 performance, exceeding expectations in key metrics and profitability. The company's strategic focus on cost management, sustainability, and high-value-added products positions it well for continued success in 2023. While challenges in cost management and inventory levels exist, opportunities in green energy markets and automotive demand offer avenues for growth.

Cleveland-Cliffs (CLF) reports stellar Q2 results and eyes growth opportunities

Cleveland-Cliffs (CLF) excelled in Q2, showcasing financial strength, operational efficiency, and sustainability efforts. While facing challenges in pricing and volume shifts, the company's strategic strengths and growth opportunities position it well for continued success. CLF's focus on innovation, cost reduction, and shareholder value creation underpins its positive outlook.

Cleveland-Cliffs reports robust Q3 earnings, eyes cost efficiencies and growth

Cleveland-Cliffs' Q3 performance reflects financial strength and strategic focus on cost efficiency and shareholder value. Challenges include the impact of the UAW strike and competitive pressures in the automotive industry. The company is well-positioned to capitalize on opportunities for cost savings and diversified demand.

Cleveland-Cliffs (CLF) reports strong Q4 earnings, prioritizes shareholder value

Cleveland-Cliffs (CLF) showcased robust financials in Q4 2023, prioritizing shareholder value through buybacks and debt reduction. Despite challenges in market dynamics and competition, CLF's focus on technological advancement and operational efficiency positions them well for future growth and stability.

Cleveland-Cliffs prioritizes shareholder value and sustainability in Q1 2024

Cleveland-Cliffs prioritizes shareholder value through share buybacks and sustainable initiatives, showcasing a rebound in profitability and commitment to long-term growth.
The company faces challenges from trade imports impacting facilities and pricing misalignments with competitors, while opportunities lie in decarbonization projects and operational enhancements.
Overall, Cliffs' performance in Q1 reflects a strategic focus on shareholder returns, workforce support, and organic growth, positioning itself for sustainable value creation and market expansion.

Cleveland-Cliffs (CLF) reports robust Q2 earnings, eyes growth opportunities

CLF's Q2 performance reflects financial strength, operational efficiency, and strategic priorities for growth and sustainability.
While facing challenges from market dynamics, CLF's disciplined approach to cost management and investments in growth areas offer resilience.
Opportunities in automotive sector, M&A, and sustainability initiatives position CLF for future expansion and value creation.
Overall, CLF's focus on financial discipline, market diversification, and sustainability goals underpin its strategic direction and long-term success.

Cleveland-Cliffs reports Q3 earnings impacted by steel demand challenges

Cleveland-Cliffs navigated challenges in Q3 with commendable cost performance and strategic acquisitions. The company's focus on operational efficiency and market positioning bodes well for future growth. Opportunities for expansion and synergy realization from the Stelco acquisition are key drivers of optimism.

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Cleveland-Cliffs, Inc. operates as a flat-rolled steel company, which supplies iron ore pellets to the North American steel industry. It engages in the production of metallic and coke, iron making, steelmaking, rolling and finishing, and downstream tubular components, stamping, and tooling. The company was founded in 1847 and is headquartered in Cleveland, OH.

The domestic steelmaker had a particularly bad third quarter, but management believes the fourth quarter will be better.

Don't Worry, Cleveland-Cliffs Should Bounce Back in Q4

Nucor

United States Steel

Cleveland-Cliffs, United States Steel, Nucor and Steel Dynamics reported significantly lower profits from their steelmaking operations during the quarter that wrapped up at the end of September, compared with the same period last year when prices were at record levels.

Steel Companies' Profits Hurt by Falling Prices

Cleveland-Cliffs (CLF) witnessed higher steelmaking unit costs on a sequential comparison basis in the third quarter.

Cleveland-Cliffs (CLF) Misses Q3 Earnings and Revenue Estimates

Cleveland-Cliffs Inc. (NYSE:CLF ) Q3 2022 Earnings Conference Call October 25, 2022 10:00 AM ET Company Participants Celso Goncalves - CFO Lourenco Goncalves - CEO Conference Call Participants Lucas Pipes - B. Riley Securities Emily Chieng - Goldman Sachs Tristan Gresser - BNP Paribas Curt Woodworth - Credit Suisse Alex Hacking - Citi Carlos De Alba - Morgan Stanley Timna Tanners - Wolfe Research Operator Good morning, ladies and gentlemen.

Cleveland-Cliffs Inc. (CLF) Q3 2022 Earnings Call Transcript

Higher input costs and maintenance expenses led to disappointing results on the bottom line.

Why Cleveland-Cliffs Stock Is Falling Today

Cleveland-Cliffs (CLF) delivered earnings and revenue surprises of -35.56% and 2.65%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Cleveland-Cliffs (CLF) Q3 Earnings and Revenues Lag Estimates

Cleveland-Cliffs (NYSE: CLF ) stock is sliding on Tuesday following the release of its earnings report for the third quarter of 2022. The bad news for CLF stock starts with the company's diluted earnings per share of 29 cents.

Cleveland-Cliffs (CLF) Stock Sinks 10% After Reporting Q3 Earnings

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today reported third-quarter results for the period ended September 30, 2022.

Cleveland-Cliffs Reports Third-Quarter 2022 Results and Announces $1.8 Billion Reduction in Net Pension/OPEB Liabilities

While Cleveland-Cliffs (CLF) is likely to have gained from healthy demand, weaker steel prices are expected to have weighed on its performance in Q3.

Cleveland-Cliffs (CLF) to Post Q3 Earnings: What's in Store?

Cleveland-Cliffs (CLF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Cleveland-Cliffs (CLF) Q3 Earnings Expected to Decline

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Stealing From the Best: Here Is My Purloined Portfolio

The market is in turmoil as a result of high inflation, weakening economic growth, and an aggressive Fed. Despite headwinds, Cleveland-Cliffs is holding up better than expected thanks to internal supply chain resilience, fixed-price contracts, low leverage, and rebounding auto production.

Cleveland-Cliffs Traded At $35 For A Reason, It Will Do It Again

Cleveland-Cliffs stock , a vertically integrated steel mill operator, is slated to publish its Q3 2022 results on October 25, reporting on a quarter that saw benchmark steel prices trend lower due to mounting economic headwinds.

What To Expect From Cleveland-Cliffs Q3 Results?

United Steelworkers wants U.S. Steel to match wage increases provided in Cleveland-Cliffs' contract. The United Steelworkers union has ratified a four-year contract with steelmaker Cleveland-Cliffs Inc while it remains divided with United States Steel Corp. over wages and other major issues, the union said.

Steelworkers Union Approves Contract With Cleveland-Cliffs

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) announced today that its new labor agreement with the United Steelworkers (USW) has been ratified.

Cleveland-Cliffs Announces Ratification of New Labor Agreement with the USW Covering 12,000 Union Members

As we head into mid-October, we are coming into a critical time for markets and Cleveland-Cliffs. Get ready, CLF's Q3 earnings report is coming up in two weeks.

Cleveland-Cliffs: Get Ready

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) will announce its third-quarter 2022 earnings results before the U.S. market open on Tuesday, October 25, 2022. The Company invites interested parties to listen to a live broadcast of a conference call with securities analysts and institutional investors to discuss the results on October 25, 2022, at 10:00 am ET. The call can be accessed at www.clevelandcliffs.com and will also be archived and available for replay at that address. Ab

Cleveland-Cliffs to Announce Third-Quarter 2022 Results on October 25

In recent months, Cleveland-Cliffs' stock price suffered a colossal crash, falling over 58% in the last 6 months. The company's valuation now looks very depressing, given the downward earnings revisions.

Cleveland-Cliffs Stock: It's Time To Be A Contrarian

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) announced today that its employees represented by the United Steelworkers (USW) at its Tilden and Empire mines in Michigan, and its United Taconite and Hibbing Taconite mines in Minnesota ratified new 47-month labor agreements at those locations. The agreements are effective on October 1, 2022, and cover approximately 2,000 USW-represented employees at Cleveland-Cliffs Mining and Pelletizing locations in Northern Minnesota and in the

Cleveland-Cliffs' New Labor Contract with the United Steelworkers Ratified for its Mining and Pelletizing Operations

CLF) has declined by about 38% year-to-date, underperforming the S&P 500 which has declined by about 24% over the same period.

Is Cleveland-Cliffs Stock A Buy Despite Tough Macros?

In this article, I address current developments in the steel industry, which show a shift toward demand and pricing fears, according to data and comments from major producers. However, I continue to believe in a long-term bull case as soon as demand comes back, as supply will remain curtailed.

What It Takes For Cleveland-Cliffs And Nucor To Double

Steel companies have sold off due to worries about a recession. X and CLF are both inexpensive, but there are considerable differences when it comes to valuation, balance sheet strength, shareholder returns, resilience, etc.

Cleveland-Cliffs Vs. U.S. Steel: Which Is Better?

Cleveland-Cliffs Inc (NYSE:CLF) has made it's way into headlines in recent weeks as the iron and steel company works to reach a new labor agreement with United Steelworkers (USW) for its legacy Mining and Pelletizing operations.

Steel Stock a Favorite Among Call Traders

Steel is cyclical, but Cliffs just raised prices. You can't sell steel without labor.

Cleveland-Cliffs: There Have Been Changes

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) announced today that it has reached a tentative agreement with the United Steelworkers (USW) on a new 47-month labor contract for its legacy Mining and Pelletizing operations. The contract will be effective on October 1, 2022, and will cover approximately 2,000 USW-represented employees at its Mining and Pelletizing locations in Northern Minnesota and in the Michigan Upper Peninsula. With the successful conclusion of the second and f

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