Q2 earnings season heats up in a serious way, with more than 20% on the S&P 500 scheduled to report before the end of this trading week.
Cleveland-Cliffs (CLF) came out with a quarterly loss of $0.5 per share versus the Zacks Consensus Estimate of a loss of $0.68. This compares to earnings of $0.11 per share a year ago.
Cleveland-Cliffs reports a per-share loss of 50 cents from sales of $4.9 billion. Wall Street was looking a per-share loss of 71 cents from sales of $4.9 billion.
CLF is expected to have gained from volume growth and higher steel prices amid modest cost headwinds in Q2.
Cleveland-Cliffs (CLF) concluded the recent trading session at $9.39, signifying a +2.74% move from its prior day's close.
Cleveland-Cliffs (CLF) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Cleveland-Cliffs (CLF) possesses 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 (NYSE:CLF) is scheduled to announce its earnings on Monday, July 21, 2025. The consensus forecast for earnings is approximately $0.63 per share, indicating persistent margin challenges despite recent cost-cutting measures, while revenues are anticipated to decline by nearly 4% relative to the same quarter last year.
Cleveland-Cliffs (CLF) concluded the recent trading session at $9.87, signifying a +1.02% move from its prior day's close.
In the latest trading session, Cleveland-Cliffs (CLF) closed at $8.49, marking a -3.74% move from the previous day.
For years, “Made in America” has been a slogan that many investors and consumers viewed as having more style than substance. Consumers have said they want to buy from American companies, but many of those American companies source their products from other countries.
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.