Cleveland-Cliffs CEO says ‘our shares are undervalued' after Q4 earnings
CLFCliffs(CLF) Invezz·2024-01-30 05:46

Cleveland-Cliffs Inc (NYSE: CLF) is trading down in extended hours on Monday after reporting weaker-than-expected revenue for its fourth financial quarter. Cleveland-Cliffs guidance for fiscal 2024 Copy link to section The iron-ore and steel making company now forecasts 675millionto675 million to 725 million in capital expenditures for fiscal 2024. Despite coming in shy of revenue expectations in the recently concluded quarter, Cleveland-Cliffs is confident that its adjusted EBITDA will improve sequentially in Q1. Lo ...