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Stock impact report

Cleveland-Cliffs (CLF) Falls More Steeply Than Broader Market: What Investors Need to Know [Yahoo! Finance]

Cleveland-Cliffs Inc. (CLF) 
Last cleveland-cliffs inc. earnings: 2/20 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
The mining company's stock has dropped by 11.53% in the past month, falling short of the Basic Materials sector's gain of 3.7% and the S&P 500's gain of 1.95%. Market participants will be closely following the financial results of Cleveland-Cliffs in its upcoming release. In that report, analysts expect Cleveland-Cliffs to post earnings of -$0.19 per share. This would mark a year-over-year decline of 135.19%. Meanwhile, our latest consensus estimate is calling for revenue of $4.84 billion, down 13.6% from the prior-year quarter. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of -$0.03 per share and revenue of $20.15 billion, indicating changes of -102.8% and -8.4%, respectively, compared to the previous year. Investors might also notice recent changes to analyst estimates for Cleveland-Cliffs. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign fo Show less Read more
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