CLF Stock Recent News

Lower steel products volumes and net selling prices hurt CLF's fourth-quarter performance.

The steel maker reported weaker-than-expected earnings.

Cleveland-Cliffs (CLF) came out with a quarterly loss of $0.68 per share versus the Zacks Consensus Estimate of a loss of $0.65. This compares to loss of $0.05 per share a year ago.

CNBC's Pippa Stevens joins  'Closing Bell Overtime' with Cleveland-Cliffs quarterly results.

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today reported full-year and fourth-quarter results for the period ended December 31, 2024. Full-Year Consolidated Results Full-year 2024 consolidated revenues were $19.2 billion, compared to the prior year's consolidated revenues of $22.0 billion. For the full-year 2024, the Company recorded a GAAP net loss of $708 million, or $1.57 per diluted share, with adjusted net loss2 of $351 million, or $0.73 per diluted share. This compares.

While CLF is expected to have benefited from actions to reduce costs, lower prices and weaker volumes are likely to have weighed on its Q4 performance.

In the latest trading session, Cleveland-Cliffs (CLF) closed at $11.98, marking a +1.1% move from the previous day.

Beyond analysts' top -and-bottom-line estimates for Cleveland-Cliffs (CLF), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.

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.

Cleveland-Cliffs (CLF) closed the most recent trading day at $11.48, moving +0.79% from the previous trading session.