Cleveland-Cliffs (NYSE:CLF) is scheduled to post its quarterly earnings results before the market opens on Thursday, January 25th. Analysts expect Cleveland-Cliffs to post earnings of $0.37 per share for the quarter.
Cleveland-Cliffs (NYSE:CLF) last announced its quarterly earnings results on Friday, October 20th. The mining company reported $0.36 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.30 by $0.06. The firm had revenue of $698.00 million for the quarter, compared to analyst estimates of $669.25 million. Cleveland-Cliffs had a net margin of 5.48% and a negative return on equity of 29.06%. The business’s revenue for the quarter was up 26.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.11) EPS. On average, analysts expect Cleveland-Cliffs to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Shares of Cleveland-Cliffs (NYSE CLF) opened at $8.49 on Thursday. The stock has a market cap of $2,520.00, a price-to-earnings ratio of 13.27 and a beta of 1.61. The company has a quick ratio of 1.18, a current ratio of 1.89 and a debt-to-equity ratio of -2.03. Cleveland-Cliffs has a fifty-two week low of $5.56 and a fifty-two week high of $12.37.
Cleveland-Cliffs Company Profile
Cleveland-Cliffs Inc, formerly Cliffs Natural Resources Inc, is a mining and natural resources company. The Company is a supplier of iron ore pellets to the North American steel industry from its mines and pellet plants located in Michigan and Minnesota. The Company’s segments include U.S. Iron Ore and Asia Pacific Iron Ore.
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