Cliffs(US:CLF) ZACKS·2025-06-18 22:50Company Performance - Cleveland-Cliffs (CLF) stock decreased by 4.43% to $7.33, underperforming the S&P 500 which fell by 0.03% [1] - Over the past month, shares of Cleveland-Cliffs increased by 3.37%, surpassing the Basic Materials sector's gain of 3.05% and the S&P 500's gain of 0.6% [1] Earnings Estimates - The upcoming earnings report for Cleveland-Cliffs is projected to show an earnings per share (EPS) of -$0.57, a significant decrease of 618.18% compared to the same quarter last year [2] - Revenue is anticipated to be $4.96 billion, reflecting a 2.57% decline from the same quarter last year [2] - For the full year, the Zacks Consensus Estimates predict an EPS of -$1.54 and revenue of $19.46 billion, indicating changes of -110.96% and +1.44% respectively from the previous year [3] Analyst Estimates and Rankings - Recent changes in analyst estimates for Cleveland-Cliffs are crucial for investors, as upward revisions indicate positive sentiment regarding the company's operations and profit generation [4] - The Zacks Rank system, which incorporates estimate changes, currently assigns Cleveland-Cliffs a rank of 3 (Hold) [6] - The Zacks Consensus EPS estimate has decreased by 44.58% in the past month [6] Industry Context - Cleveland-Cliffs operates within the Steel - Producers industry, which is part of the Basic Materials sector [7] - The Steel - Producers industry holds a Zacks Industry Rank of 93, placing it in the top 38% of over 250 industries [7] - Research indicates that industries in the top 50% outperform those in the bottom half by a factor of 2 to 1 [7]