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

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Earnings data Q4 2022

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Earnings data Q4 2023

Earnings data Q1 2024

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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.

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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 (NYSE: CLF) saw its net income drop by almost 80% in a year, from $437.8 million in Q3 2018 to $90.9 million in Q3 2019. Such a sharp drop in profits was driven by a double whammy of lower revenue and higher expenses.

What Led To A Drop Of ~80% In Cleveland-Cliffs’ Profits?

AK Steel Holding Corporation (NYSE: AKS) has entered into a definitive merger agreement with Cleveland-Cliffs Inc (NYSE: CLF), in which the latter will acquire all the shares of the steelmaker.

JPMorgan Upgrades AK Steel Amid Cleveland-Cliffs Acquisition

Wall street didn’t like the idea at first, but the transaction should benefit both companies.

Why the Cleveland-Cliffs/AK Steel Merger Makes Tons of Sense

The deal will enable Cleveland-Cliffs (CLF) to transform into a vertically-integrated steel company that will likely boost profitability of both companies.

Cleveland-Cliffs to Buy AK Steel in $1.1B All-Stock Deal

An AK Steel (AKS) buyout will have the steel company combining with Cleaveland-Cliffs (CLF) in a deal valued at $1.10 billion.
The post AK Steel Buyout: AKS Stock Jumps 3% on Cleveland-Cliffs Deal appeared first on InvestorPlace.

AK Steel Buyout: AKS Stock Jumps 3% on Cleveland-Cliffs Deal

The iron ore producer is making a bold move to vertically integrate the steel industry.

Why Shares of Cleveland-Cliffs Are Plunging Today

Cleveland-Cliffs Inc. (NYSE: CLF) said Tuesday it will acquire all of the issued and outstanding shares of AK Steel Holding Corporation (NYSE: AKS) common stock valued at $1.1 billion.

Cleveland-Cliffs To Acquire AK Steel In $1.1B Deal

Despite President Donald Trump's promise to revive the domestic steel industry through tariffs, AK Steel has decided its time to sell.

Steel company sells for less than half what it was worth when Trump took office

Iron-ore miner Cleveland-Cliffs Inc. (NYSE: CLF) announced Tuesday morning that it has entered a definitive merger agreement to acquire AK Steel Holding Corp.

Cleveland-Cliffs Shocks Investors With AK Steel Acquisition

Cleveland-Cliffs CLF, +5.26% said it's reached a deal to buy AK Steel AKS, +4.71% for $1.1 billion, or $3.36 a share.

Cleveland-Cliffs to buy AK Steel for $1.1 billion in stock

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

Why Is Cleveland-Cliffs (CLF) Up 5% Since Last Earnings Report?

Cleveland-Cliffs Inc. (CLF) CEO Lourenco Goncalves Presents at Goldman Sachs Global Metals & Mining Conference (Transcript)

Cleveland-Cliffs Inc. (CLF) CEO Lourenco Goncalves at Goldman Sachs Global Metals & Mining Conference (Transcript)

Cleveland-Cliffs (NYSE: CLF) is witnessing a double whammy with projections of lower revenue and sharp decrease in margins. The company’s profitability is expected to decline by more than 70% in a year, with Trefis projecting net income to drop from $1.1 billion in 2018 to $0.3 billion in 2019.

Cleveland-Cliffs: Why Are Profits Set To Drop By 70% In A Year?

Cleveland-Cliffs: Looking For Sustainable Competitive Advantages

Although Q3 was much weaker than Q2, Cleveland-Cliffs managed to record EPS of $0.34 in Q3 2019.

Cleveland-Cliffs Seems To Be Primed For Another Run-Up

Lower customer nominations hurt Cleveland-Cliffs' (CLF) mining and pelletizing pellet sales volumes in Q3.

Cleveland-Cliffs (CLF) Q3 Earnings Beat, Sales Miss Estimates

Cleveland-Cliffs Inc. (CLF) CEO Lourenco Goncalves on Q3 2019 Results - Earnings Call Transcript

Cleveland-Cliffs (CLF) delivered earnings and revenue surprises of 32.00% and -1.73%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

Cleveland-Cliffs (CLF) Tops Q3 Earnings Estimates

Cleveland-Cliffs' (CLF) Q3 results are likely to have been hurt by lower iron ore and steel prices.

Will Lower Prices Hurt Cleveland-Cliffs' (CLF) Q3 Earnings?

Cleveland-Cliffs is expected to have the first production plant of Hot Briquetted Iron in the Great Lakes region.

The New Production Plant Makes Cleveland-Cliffs Undervalued

CLF stock is down alongside falling iron ore prices.

News for Cleveland-Cliffs Stock (CLF)