Cleveland-Cliffs' Q3 Shortfall Linked To Automotive Adjustments; Analysts Await Stelco Integration Insights [Yahoo! Finance]
Cleveland-Cliffs Inc. (CLF)
Last cleveland-cliffs inc. earnings: 2/20 07:00 am
Check Earnings Report
US:NYSE Investor Relations:
clevelandcliffs.com/investors/overview/default.aspx
Company Research
Source: Yahoo! Finance
The company reported third-quarter revenue of $4.57 billion, versus estimates of $4.77 billion, and adjusted loss per share of $0.33, versus estimates for a loss of $0.27. Cleveland-Cliffs lowered its capital expenditures outlook for full year 2024 from a range of $650 million to $700 million to a new range of $600 million to $650 million In the earnings press release, the company said Stelco's assets are well-capitalized, and it expects to benefit from the company's cost advantages and strong business model on day one. Cleveland-Cliffs noted Stelco's business has “virtually no exposure” to the automotive sector. B Riley Securities analyst Lucas N. Pipes says that based on management's earlier comments, they previously projected $985 million for 2025 and anticipate insights on the significant reductions. The analyst adds that Cliffs' acquisition of Stelco was finalized on November 1, and they are eager to hear management's thoughts on the integration process, potential synerg
Show less
Read more
Impact Snapshot
Event Time:
CLF
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CLF alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CLF alerts
High impacting Cleveland-Cliffs Inc. news events
Weekly update
A roundup of the hottest topics
CLF
News
- This Little-Known Metal Just Exploded 200%, Here are 2 Ways To Play ItPR Newswire
- This Little-Known Metal Just Exploded 200%, Here are 2 Ways To Play ItPR Newswire
- Canadian firms at risk as pensions cut domestic investments, says Desjardins exec [Wealth Professional (Canada)]Wealth Professional
- Canada's Public Market Has a Pension Problem, Desjardins Says [Yahoo! Finance Canada]Yahoo! Finance Canada
- Canada's Public Market Has a Pension Problem, Desjardins Says [BNN Bloomberg (Canada)]BNN Bloomberg
CLF
Earnings
- 11/4/24 - Miss
CLF
Sec Filings
- 11/22/24 - Form 4
- 11/5/24 - Form 10-Q
- 11/4/24 - Form 8-K
- CLF's page on the SEC website