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.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

The steel company put out guidance that reinforced competitors' views of a very strong market.

Here's Why Cleveland-Cliffs Stock Rose Today

The stock price of Cleveland-Cliffs Inc. (NYSE: CLF) increased by over 5% pre-market. This is why it happened.

CLF Stock Price Increased Over 5% Pre-Market: Why It Happened

Chewy

Here's what's sending a couple of players higher in after-hours trading.

These 2 Stocks Just Gave Investors Good News -- Even in a Falling Stock Market

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) will announce its first-quarter 2021 earnings results before the U.S. market open on Thursday, April 22, 2021. The Company invites interested parties to listen to a live broadcast of a conference call with securities analysts and institutional investors to discuss the results on April 22, 2021 at 10:00am ET. The call can be accessed at www.clevelandcliffs.com and will also be archived and available for replay at that address. The Com

Cleveland-Cliffs Announces First-Quarter 2021 Results Date and Provides Updated Financial Guidance

Cleveland-Cliffs (CLF) reported earnings 30 days ago. What's next for the stock?

Cleveland-Cliffs (CLF) Up 15% Since Last Earnings Report: Can It Continue?

In the latest trading session, Cleveland-Cliffs (CLF) closed at $16.69, marking a -0.42% move from the previous day.

Cleveland-Cliffs (CLF) Stock Moves -0.42%: What You Should Know

Alcoa

Freeport-McMoRan

ArcelorMittal

Nucor

Southern Copper

Steel Dynamics

United States Steel

Since bottoming out a year ago, metal stocks have been on a nearly unbroken march higher.

7 Metals Stocks Looking Good for Potential $2 Trillion Infrastructure Spending

Steel stocks United States Steel Corporation (NYSE: X) and Cleveland-Cliffs Inc (NYSE: CLF) are off to a strong start to 2021 as investors anticipate a potential infrastructure spending bill around the corner. GLJ Research analyst Gordon Johnson recently told Benzinga that he is bullish on U.S. steel even after its recent run.

Gordon Johnson On 'Perfect Storm For The Steel Mills': Why He's Bullish On US Steel, Cleveland-Cliffs

Cleveland-Cliffs is transforming itself into a key player in the US steel industry. That transformation depends on a strategy that has components of both vertical and horizontal integration.

The Remarkable Transformation: Cleveland-Cliffs

Cleveland-Cliffs has been the best performing steel producer in the U.S. even as integration of AK Steel and ArcelorMittal USA is still ongoing.

Cleveland-Cliffs: Reaping The Benefits Of Well-Timed Transformational Deals

Cleveland-Cliffs is a stock that I have been covering publicly on Seeking Alpha since May 2016.

The Current Version Of Cleveland-Cliffs Is Lourenco Goncalves' Defining Masterpiece

It was a complex year and investors didn't seem to like the news when Cleveland-Cliffs reported earnings.

Why Cleveland-Cliffs Stock Fell 13% in February

The acquisition of ArcelorMittal USA drove Cleveland-Cliffs' (CLF) revenues in the fourth quarter.

Cleveland-Cliffs (CLF) Q4 Earnings and Revenues Lag Estimates

After shares more than doubled in the last six months, investors didn't think fourth-quarter earnings were enough.

Why Cleveland-Cliffs Stock Dropped 15% Today

Cleveland-Cliffs Inc. (CLF) CEO Lourenco Goncalves on Q4 2020 Results - Earnings Call Transcript

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today reported fourth-quarter and full-year results for the period ended December 31, 2020. On December 9, 2020, Cleveland-Cliffs completed the acquisition of substantially all the operations of ArcelorMittal USA LLC ("ArcelorMittal USA"), which has since been renamed to Cleveland-Cliffs Steel LLC. The results set forth in this release only consider the operating results of Cleveland-Cliffs Steel LLC for the period from December 9, 2

Cleveland-Cliffs Reports Fourth-Quarter and Full-Year 2020 Results

Morgan Stanley

WSFS Financial

NEW YORK, Feb. 23, 2021 /PRNewswire/ -- S&P SmallCap 600 constituent Cleveland-Cliffs Inc. (NYSE: CLF) will replace Eaton Vance Corp. (NYSE: EV) in the S&P MidCap 400, and WSFS Financial Corp. (NASD: WSFS) will replace Cleveland-Cliffs in the S&P SmallCap 600 effective prior to the...

Cleveland-Cliffs Set to Join S&P MidCap 400; WSFS Financial to Join S&P SmallCap 600

Cleveland-Cliffs' (CLF) Q4 results are likely to reflect higher prices and its acquisitions of AK Steel and ArcelorMittal USA.

Cleveland-Cliffs (CLF) to Post Q4 Earnings: What's in the Cards?

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) announced today that it has priced $500 million aggregate principal amount of Senior Unsecured Guaranteed Notes due 2029 (the “2029 Notes”) and $500 million aggregate principal amount of Senior Unsecured Guaranteed Notes due 2031 (the “2031 Notes” and, together with the 2029 Notes, the “Notes”) in an offering that is exempt from the registration requirements of the Securities Act of 1933 (the “Securities Act”). The 2029 Notes will be

Cleveland-Cliffs Announces Pricing of Senior Unsecured Guaranteed Notes Issued at Par, $500 million of 4.625% Notes due 2029 and $500 million of 4.875% Notes due 2031

The company made two capital markets moves, and investors weren't exactly happy about the effort.

Why Cleveland-Cliffs Stock Plunged 10% in Early Trading Today

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) announced today that it intends to offer to sell, subject to market and other conditions, senior unsecured guaranteed notes to be issued by the Company in separate series of notes due 2029 and 2031 (together, the “Notes”) in an offering that is exempt from the registration requirements of the Securities Act of 1933 (the “Securities Act”). The Notes will be guaranteed on a senior unsecured basis by the Company's material direct and in

Cleveland-Cliffs Announces Proposed Offering of $1,000,000,000 Senior Unsecured Guaranteed Notes

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today announced the pricing of its underwritten public offering (the “Offering”) of 60,000,000 common shares, par value $0.125 per share (the “Common Shares”), which consists of 40,000,000 currently outstanding Common Shares offered by ArcelorMittal North America Holdings LLC, an indirect, wholly-owned subsidiary of ArcelorMittal S.A. (the “Selling Shareholder”) and 20,000,000 Common Shares offered by the Company. The Company has als

Cleveland-Cliffs Prices Public Offering of Common Shares, including 40,000,000 Common Shares by ArcelorMittal

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today announced that it has commenced an underwritten public offering (the “Offering”) of 60,000,000 common shares, par value $0.125 per share (the “Common Shares”), which consists of 40,000,000 currently outstanding Common Shares offered by ArcelorMittal North America Holdings LLC, an indirect, wholly-owned subsidiary of ArcelorMittal S.A. (the “Selling Shareholder”) and 20,000,000 Common Shares offered by the Company. The Company a

Cleveland-Cliffs Announces Proposed Offering of Common Shares, including 40,000,000 Common Shares by ArcelorMittal

Cleveland-Cliffs stock dropped 7.5% over the last 5 trading days (1 week). This was mainly after China's announcement that it plans to cut its crude steel production.

Cleveland-Cliffs Stock Drops 7.5% In A Week – Here's What You Should Know

Cleveland-Cliffs is a company that appears to be remaking its identity. Transitioning from a mining company to a vertically integrated steelmaker is a process that seems well-managed and quite promising.

News for Cleveland-Cliffs Stock (CLF)