Wall Street analysts expect Cleveland-Cliffs (CLF) to post quarterly loss of $0.30 per share in its upcoming report, which indicates a year-over-year decline of 155.6%. Revenues are expected to be $4.76 billion, down 15% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 13.5% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe. Prior to a company's ...

文章核心观点 - 克利夫兰-克利夫斯公司(CLF)预计将在2024年11月4日盘后公布第三季度业绩 [1] - CLF股价在过去一年内下跌15.5%,而同期Zacks采矿-多元行业指数上涨2.2% [2] - 预计CLF在第三季度将受到钢价大幅下跌的不利影响 [5][6][7] - 但公司采取措施降低钢铁制造单位成本,以及整体需求健康,有望支撑公司业绩 [8] 根据相关目录分别进行总结 收入估计 - 第三季度合并收入预计为47.634亿美元,同比下降15% [4] 影响因素 - 美国钢价大幅下跌,下降超过40%,主要受需求疲软、供给过剩等因素影响 [5][6] - 工业生产和建筑活动疲软也导致钢价下滑 [6] - 平均净销售价格预计下降6.8% [7] - 但整体需求健康,预计外部销量将环比增加1.2% [7] - 公司采取措施降低钢铁制造单位成本,预计环比下降30美元/吨 [8]

KYIV, UKRAINE - 2024/01/24: In this photo illustration, the Cleveland-Cliffs Inc. (CCI) logo is seen ... [+] on a smartphone and a PC screen. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesCleveland-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. Steel prices in t ...

The latest trading session saw Cleveland-Cliffs (CLF) ending at $12.88, denoting a -1.3% adjustment from its last day's close. This move lagged the S&P 500's daily loss of 0.76%. Meanwhile, the Dow experienced a drop of 0.75%, and the technology-dominated Nasdaq saw a decrease of 1.01%.Coming into today, shares of the mining company had gained 11.06% in the past month. In that same time, the Basic Materials sector gained 2.96%, while the S&P 500 gained 4.31%.Analysts and investors alike will be keeping a cl ...

In the latest trading session, Cleveland-Cliffs (CLF) closed at $12.85, marking a +1.1% move from the previous day. This move outpaced the S&P 500's daily gain of 0.71%. Meanwhile, the Dow experienced a rise of 1.03%, and the technology-dominated Nasdaq saw an increase of 0.6%.The mining company's stock has climbed by 16.5% in the past month, exceeding the Basic Materials sector's gain of 5.75% and the S&P 500's gain of 6.41%.The investment community will be paying close attention to the earnings performanc ...

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. The transaction is expected to finalize by the fourth quarter of 2024. ...

Cleveland-Cliffs (CLF) closed the latest trading day at $12.99, indicating a +1.72% change from the previous session's end. The stock's performance was ahead of the S&P 500's daily loss of 0.93%. At the same time, the Dow lost 0.41%, and the tech-heavy Nasdaq lost 1.53%.Shares of the mining company have depreciated by 2.22% over the course of the past month, underperforming the Basic Materials sector's gain of 4.73% and the S&P 500's gain of 2.17%.Investors will be eagerly watching for the performance of Cl ...

文章核心观点 - 公司最近一个交易日的股价下跌1.45%,低于标普500指数的0.19%跌幅 [1] - 公司过去一个月的股价下跌11.53%,低于基础材料板块3.7%的涨幅和标普500指数1.95%的涨幅 [1] - 分析师预计公司即将发布的财报中每股收益将同比下降135.19%,收入同比下降13.6% [1] 公司相关 - 分析师预计公司全年每股收益为-0.03美元,同比下降102.8%;收入为201.5亿美元,同比下降8.4% [2] - 分析师对公司的预测已经连续下调,这反映了公司近期业务趋势的变化 [2] - 公司目前的股票评级为中性(Zacks Rank 3) [3] 行业相关 - 公司所属的采矿行业目前在250多个行业中排名第163位,处于下半部分 [3] - 研究显示,排名靠前的行业的股票表现通常是排名靠后行业的2倍 [3]

Cleveland-Cliffs Inc. (CLF) recently said that it remains entirely committed to the transformational project taking place at its Middletown Works integrated facility in Middletown, OH. CLF was selected for award negotiations for up to $500 million in total funding from the Department of Energy to replace its Middletown blast furnace with a Direct Reduced Iron plant and two Electric Melting Furnaces. It is still in active negotiations with the Department of Energy about the award-specific terms and condition ...

In May 2024, the Biden administration announced plans to leave the tariffs imposed on Chinese steel during the Trump administration in place. In fact, the administration also sought to triple the tariffs to 25%.  But you know the saying about the best-laid plans? Any economic benefits to tariffs for U.S. companies require playing a long game in a world where the time between election cycles (and policy changes) is breathtakingly short.  However, there was some evidence that the tariffs imposed on Chinese st ...