Although the revenue and EPS for Cleveland-Cliffs (CLF) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Cleveland-Cliffs Inc. (NYSE:CLF ) Q1 2025 Earnings Conference Call May 8, 2025 8:30 AM ET Company Participants Lourenco Goncalves - Chairman, President and CEO Celso Goncalves - EVP and CFO Conference Call Participants Nick Giles - B. Riley Securities Albert Realini - Jefferies Lawson Winder - Bank of America Alex Hacking - Citigroup Bill Peterson - JPMorgan Timna Tanners - Wolfe Research Carlos De Alba - Morgan Stanley Operator Good morning, ladies and gentlemen.
Cleveland-Cliffs (CLF) shares tumbled 17% Thursday, a day after the steelmaker announced it was cutting back on production and capital spending in an effort to improve operations.
Weaker average selling prices and the underperformance of non-core assets weigh on CLF's performance in the first quarter.
Cleveland-Cliffs (CLF) came out with a quarterly loss of $0.92 per share versus the Zacks Consensus Estimate of a loss of $0.78. This compares to earnings of $0.18 per share a year ago.
Chief Executive Lourenco Goncalves said the steelmaker will make a higher volume commitment with its automotive customers.
CLF is expected to have benefited from lower costs and higher volumes amid pricing headwinds in Q1.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Cleveland-Cliffs (CLF), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2025.
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.
Recently, Zacks.com users have been paying close attention to Cleveland-Cliffs (CLF). This makes it worthwhile to examine what the stock has in store.
In the closing of the recent trading day, Cleveland-Cliffs (CLF) stood at $7.91, denoting no change from the preceding trading day.
Cleveland-Cliffs (CLF) closed the most recent trading day at $7.30, moving +1.67% from the previous trading session.