Cleveland-Cliffs (CLF) closed at $10.05 in the latest trading session, marking a +1.52% move from the prior day. The stock exceeded the S&P 500, which registered a loss of 1.11% for the day. Elsewhere, the Dow lost 0.42%, while the tech-heavy Nasdaq lost 1.89%.The mining company's shares have seen a decrease of 19.38% over the last month, not keeping up with the Basic Materials sector's loss of 10.34% and the S&P 500's loss of 1.7%.Investors will be eagerly watching for the performance of Cleveland-Cliffs i ...

GLJ Research analyst Gordon L. Johnson II upgraded Cleveland-Cliffs Inc. CLF to Buy from Sell rating with a price forecast of $14.27.The analyst notes the U.S. economy is in worse shape than many acknowledge. With Donald Trump set to take office on January 20, 2025, and his pro-tariff policies likely impacting sectors like steel, the analyst foresee a potential rise in U.S. HRC prices in the near term.In particular, the analyst says that following Trump’s win (November 2016), and Joe Biden’s win (November 2 ...

Global mining firms face significant uncertainty heading into 2025. Ongoing geopolitical turmoil has been both a help and a hindrance—at times it has driven investors toward safe haven assets like precious metals, but it also makes operations for many mining firms more challenging. The prospect of the second Trump administration's policies is also a major question mark. On one hand, tariffs could have a severely negative impact on the industry; on the other, analysts have speculated that a more favorable pe ...

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:ClevelandCliffs (CLF) is the largest producer of iron ore pellets in North America. The Zacks Consensus Estimate for its current year earnings has been revised almost 84.6% downward over the last 60 days.89BIO (ETNB) is clinical-stage biopharmaceutical company which is focused on the development and commercialization of therapies for the treatment of liver and cardio-metabolic diseases. The Zacks Consensus Estimate for its current yea ...

It has been about a month since the last earnings report for Cleveland-Cliffs (CLF) . Shares have added about 11.1% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Cleveland-Cliffs due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Cleveland-Cliffs' Q3 Earnings and Rev ...

Cleveland-Cliffs Inc.’s (CLF) third-quarter 2024 adjusted loss was 33 cents per share. This compares unfavorably with adjusted earnings of 54 cents in the prior-year quarter. Loss per share was wider than the Zacks Consensus Estimate of a loss of 31 cents.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Revenues fell 18.5% to $4,569 million in the quarter from the year-ago quarter. The top line missed the Zacks Consensus Estimate of $4,754.4 million.CLF’s Operational HighlightsThe comp ...

With just one subscription to Beyond the Wall Investing , you can save thousands of dollars a year on equity research reports from banks. You'll keep your finger on the pulse and have access to the latest and highest-quality analysis of this type of information.I've been covering Cleveland-Cliffs Inc. (NYSE: CLF ) stock since June 2021, and all along I've been bullish on the stock for many reasons. The last time - in July 2024 - I argued that CLF's EBITDA growth should continue dueHe leads the investing gro ...

Cleveland-Cliffs (CLF) reported $4.57 billion in revenue for the quarter ended September 2024, representing a year-over-year decline of 18.5%. EPS of -$0.33 for the same period compares to $0.54 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $4.75 billion, representing a surprise of -3.90%. The company delivered an EPS surprise of -6.45%, with the consensus EPS estimate being -$0.31.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | |----------------------------------------------------------------------------|-----------------------------------| | For the transition period from to . | | | Commi ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...