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.

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Cleveland-Cliffs, a vertically integrated steel mill operator, has seen its stock decline by 50% since the beginning of the year as compared to the 28% gain in the S&P 500 Index. Cleveland-Cliffs downward stock price movement is much sharper compared to that for its peers, including VALE (NYSE: VALE) which is down 42% year to date, ArcelorMittal which is down 13% year to date, United States Steel Corporation down 31% year to date, and Nucor Corp (NYSE: NUE) which is down 30% year to date.

Cleveland Cliff Stock Down 50% In 2024 To Yearly Low

Cleveland-Cliffs (CLF) reachead $9.89 at the closing of the latest trading day, reflecting a -0.6% change compared to its last close.

Cleveland-Cliffs (CLF) Registers a Bigger Fall Than the Market: Important Facts to Note

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Cleveland-Cliffs faces 2024 headwinds from a challenging manufacturing environment, pricing pressures, and weaker automotive demand, but strategic moves position it well for future growth. The Stelco acquisition enhances CLF's supply chain, cuts costs, and boosts its product portfolio, making it a stronger player in North American steel production. Potential tariff and domestic manufacturing support from the Trump administration could provide significant tailwinds, with a 2025 manufacturing rebound expected to drive earnings growth.

Trump, Tariffs, And Turnarounds: Why Cleveland-Cliffs Is A Top Pick For 2025

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Cleveland-Cliffs Inc. (CLF) Is a Trending Stock: Facts to Know Before Betting on It

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Cleveland-Cliffs (CLF) Up 11.1% Since Last Earnings Report: Can It Continue?

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Nucor stock and Cleveland-Cliffs rallied as prospects for U.S. steel companies brighten following the election of Donald Trump. The post Nucor, Steel Stocks Rise On Goldman Call, Tariff Hopes appeared first on Investor's Business Daily.

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Investors Heavily Search Cleveland-Cliffs Inc. (CLF): Here is What You Need to Know

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Here is What to Know Beyond Why Cleveland-Cliffs Inc. (CLF) is a Trending Stock

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Lower average net selling price and reduced sales volumes for steel products weigh on CLF's Q3 performance.

Cleveland-Cliffs' Q3 Earnings and Revenues Miss Estimates

Cleveland-Cliffs Inc. remains a "Buy" despite recent declines, driven by long-term growth potential, strategic focus, and attractive valuation. The company's Q3 2024 performance was weak due to automotive industry struggles, but the Stelco acquisition is expected to enhance EBITDA margins and operational flexibility. Management's conservative capital spending and cost-saving initiatives position CLF well for future growth, with a focus on debt reduction and strategic investments.

Cleveland-Cliffs Falls On Q3 Earnings - A Gift For Long-Term Buyers

Although the revenue and EPS for Cleveland-Cliffs (CLF) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Cleveland-Cliffs (CLF) Reports Q3 Earnings: What Key Metrics Have to Say

Cleveland-Cliffs Inc. (NYSE:CLF) shares slipped more than 10% after its latest quarterly earnings highlighted pressures in the steel market. During the third quarter of 2024, the company saw a decline in EBITDA, increased net debt, and a reduction in capital expenditure plans amid challenging conditions in the automotive sector.

Cleveland-Cliffs shares drop as steel market pressures weigh on Q3 earnings

Cleveland-Cliffs Inc. CLF shares are trading lower on Tuesday following weak third-quarter results reported on Tuesday.

Cleveland-Cliffs' Q3 Shortfall Linked To Automotive Adjustments; Analysts Await Stelco Integration Insights

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Why Cleveland-Cliffs Stock Sank Today

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Cleveland-Cliffs Earnings Show Why Both Trump and Harris Are Wrong on the U.S. Steel Merger

Cleveland-Cliffs Inc. (NYSE:CLF ) Q3 2024 Earnings Conference Call November 4, 2024 8:30 AM ET Company Participants Lourenco Goncalves - Chairman, President & CEO Celso Goncalves - EVP & CFO Conference Call Participants Lucas Pipes - B. Riley Securities Lawson Winder - Bank of America Carlos De Alba - Morgan Stanley William Peterson - JPMorgan Alexander Hacking - Citigroup Chris LaFemina - Jefferies Philip Gibbs - KeyBanc Capital Markets Operator Good morning, ladies and gentlemen.

Cleveland-Cliffs Inc. (CLF) Q3 2024 Earnings Call Transcript

Cleveland-Cliffs Inc (NYSE:CLF) stock is plummeting today, down 11.3% at $11.63 at last glance, after the company's disappointing third-quarter report.

Steel Stock Slides as Results Disappoint

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today reported third-quarter results for the period ended September 30, 2024. Third-Quarter 2024 Highlights Revenues of $4.6 billion Steel shipments of 3.8 million net tons GAAP net loss of $230 million and adjusted net loss1 of $156 million Adjusted EBITDA2 of $124 million Does not include Stelco's third-quarter adjusted EBITDA3 of US$64 million and adjusted EBITDA3 margin of 13% Liquidity of $3.8 billion as of September 30, 2024 Th.

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