Cleveland-Cliffs Inc. (CLF)
Cleveland-Cliffs Inc. (CLF) Q3 2024 Earnings Call Transcript
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.
Steel Stock Slides as Results Disappoint
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.
Watch CNBC's full interview with Cleveland-Cliffs CEO Lourenco Goncalves
Cleveland-Cliffs Chairman and CEO Lourenco Goncalves joins CNBC's Morgan Brennan to discuss the company's newly closed $2.8 billion acquisition of Canadian steelmaker Stelco, the strategic importance of North American manufacturing, and his views on steel tariffs and Chinese competition. Goncalves also shares insights on automotive industry relationships and his outlook for 2025, while addressing the ongoing US Steel-Nippon deal review.
Gear Up for Cleveland-Cliffs (CLF) Q3 Earnings: Wall Street Estimates for Key Metrics
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 September 2024.
Cleveland-Cliffs (CLF) Laps the Stock Market: Here's Why
Cleveland-Cliffs (CLF) reachead $13.72 at the closing of the latest trading day, reflecting a +0.37% change compared to its last close.
Cleveland-Cliffs to Post Q3 Earnings: What's in Store for the Stock?
CLF is expected to have benefited from lower steelmaking unit costs and healthy overall volumes amid headwinds from lower steel prices in Q3.
Why Is Cleveland-Cliffs Stock Down 30% In Six Months?
Cleveland-Cliffs, a vertically integrated steel mill operator, has seen its stock decline by more than 30% in the last six months. This fall has been primarily due to the adverse business conditions that the industry is going through.
Cleveland-Cliffs (CLF) Declines More Than Market: Some Information for Investors
Cleveland-Cliffs (CLF) reachead $13.46 at the closing of the latest trading day, reflecting a -1.32% change compared to its last close.
Cleveland-Cliffs (CLF) Registers a Bigger Fall Than the Market: Important Facts to Note
Cleveland-Cliffs (CLF) closed the most recent trading day at $12.88, moving -1.3% from the previous trading session.
Cleveland-Cliffs (CLF) Laps the Stock Market: Here's Why
In the closing of the recent trading day, Cleveland-Cliffs (CLF) stood at $12.85, denoting a +1.1% change from the preceding trading day.
CLF Drops Over 4% Following Antitrust Approval for Stelco Acquisition
Shares of Cleveland-Cliffs (CLF, Financial), North America's largest iron ore producer, fell by over 4%, trading at $12.46. The decline follows news that the company has passed the United States Department of Justice's antitrust review for its acquisition of Canadian steel company Stelco.
Cleveland-Cliffs (CLF) Rises As Market Takes a Dip: Key Facts
The latest trading day saw Cleveland-Cliffs (CLF) settling at $12.99, representing a +1.72% change from its previous close.
