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.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

Earnings estimates for Cleveland-Cliffs have been rising, increasing from $2.32 per share for 2021 roughly 90 days ago to $3.40 per share.

Cleveland-Cliffs: Estimates And Expectations Still Too Low

Cleveland-Cliffs (NYSE:CLF) unveils its next round of earnings this Thursday, April 22. Get prepared with Benzinga's ultimate preview for Cleveland-Cliffs's Q1 earnings.

A Preview Of Cleveland-Cliffs's Earnings

Freeport-McMoRan

AT&T

Valero Energy

Of the March quarter earnings reports released Tuesday morning, most showed better earnings than analysts were looking for.

Earnings Previews: AT&T, Freeport-McMoRan, Cleveland-Cliffs, Valero Energy

Under the leadership of CEO Lourenco Goncalves, Cleveland-Cliffs underwent a turnaround and transformation. The turnaround has been hailed as a great success, except the financial consequence of it is yet to be revealed.

Is Cleveland-Cliffs Stock A Buy Before Q1 Earnings

Antero Midstream Partners

Nucor

Steel Dynamics

United States Steel

Investors can still benefit before the cyclical companies reach peak earnings.

Steelmakers Expect Record Earnings: How Investors Can Profit

Cleveland-Cliffs' (CLF) agreement with United Steelworkers provides it with a competitive cost structure for future success.

Cleveland-Cliffs (CLF) Inks Deal with United Steelworkers

Cleveland-Cliffs stock dropped more than 8% over the last one week (five trading days). This was due to overall weakness in the steel market.

Cleveland-Cliffs Stock Is Down 8% In A Week – Set To Drop More?

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs and the United Steelworkers Reach Tentative Agreement on New Labor Contract for Mansfield Works

Cleveland-Cliffs and the United Steelworkers Reach Tentative Agreement on New Labor Contract for Mansfield Works

Delta Air Lines

Lockheed Martin

Raytheon Technologies

Credit Suisse

Denny's

Harley-Davidson

Levi Strauss

Synchrony Financial

With the trading day more than halfway over, the broad markets were trading into the weekend with a slight gain.

Credit Suisse, Delta, Lockheed Martin, Raytheon and More Friday Afternoon Analyst Calls

Cleveland-Cliffs Inc. (NYSE:CLF) is an Ohio-based company that specializes in the mining, beneficiation, and pelletizing of iron ore, as well as steelmaking, including stamping and tooling.

Take a Closer Look at Cleveland-Cliffs Stock Before Earnings Drop

The steel industry witnessed a solid first quarter with steel prices skyrocketing to record highs riding on an upswing in demand and tight supply.

Will Steel Stocks Post Blowout Q1 on Price Rally, Solid Demand?

American Tower

Brookfield Infrastructure Partners L.P.

ChargePoint Holdings

Deere & Company

Union Pacific

Vulcan Materials

Following President Biden's unveiling of his American Jobs Plan, infrastructure stocks are set to take off. Here are seven to watch.

7 Big Winners From Biden's American Jobs Plan

Cleveland-Cliffs expects a massive jump in earnings even as Biden strives to push his infrastructure plan.

2 Big Reasons This Infrastructure Stock Rallied 50.7% in March

Cleveland-Cliffs (CLF) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Cleveland-Cliffs (CLF) Moves 16.7% Higher: Will This Strength Last?

Marathon Digital Holdings

Microsoft

Arrival Group

Microsoft, Marathon Digital Holdings, Cleveland-Cliffs and Arrival were our top stock trades for Thursday. Now, let's look at the charts.

4 Top Stock Trades for Thursday: MSFT, ARVL, MARA, CLF

The steel company put out guidance that reinforced competitors' views of a very strong market.

Here's Why Cleveland-Cliffs Stock Rose Today

The stock price of Cleveland-Cliffs Inc. (NYSE: CLF) increased by over 5% pre-market. This is why it happened.

CLF Stock Price Increased Over 5% Pre-Market: Why It Happened

Chewy

Here's what's sending a couple of players higher in after-hours trading.

These 2 Stocks Just Gave Investors Good News -- Even in a Falling Stock Market

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) will announce its first-quarter 2021 earnings results before the U.S. market open on Thursday, April 22, 2021. 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 April 22, 2021 at 10:00am ET. The call can be accessed at www.clevelandcliffs.com and will also be archived and available for replay at that address. The Com

Cleveland-Cliffs Announces First-Quarter 2021 Results Date and Provides Updated Financial Guidance

Cleveland-Cliffs (CLF) reported earnings 30 days ago. What's next for the stock?

Cleveland-Cliffs (CLF) Up 15% Since Last Earnings Report: Can It Continue?

In the latest trading session, Cleveland-Cliffs (CLF) closed at $16.69, marking a -0.42% move from the previous day.

Cleveland-Cliffs (CLF) Stock Moves -0.42%: What You Should Know

Alcoa

ArcelorMittal

Southern Copper

Since bottoming out a year ago, metal stocks have been on a nearly unbroken march higher.

7 Metals Stocks Looking Good for Potential $2 Trillion Infrastructure Spending

Steel stocks United States Steel Corporation (NYSE: X) and Cleveland-Cliffs Inc (NYSE: CLF) are off to a strong start to 2021 as investors anticipate a potential infrastructure spending bill around the corner. GLJ Research analyst Gordon Johnson recently told Benzinga that he is bullish on U.S. steel even after its recent run.

Gordon Johnson On 'Perfect Storm For The Steel Mills': Why He's Bullish On US Steel, Cleveland-Cliffs

Cleveland-Cliffs is transforming itself into a key player in the US steel industry. That transformation depends on a strategy that has components of both vertical and horizontal integration.

The Remarkable Transformation: Cleveland-Cliffs

Cleveland-Cliffs has been the best performing steel producer in the U.S. even as integration of AK Steel and ArcelorMittal USA is still ongoing.

News for Cleveland-Cliffs Stock (CLF)