Cleveland-Cliffs (CLF) Reports Q3 Loss, Misses Revenue Estimates
CliffsCliffs(US:CLF) ZACKS·2025-10-20 12:15

分组1 - Cleveland-Cliffs reported a quarterly loss of $0.45 per share, which was better than the Zacks Consensus Estimate of a loss of $0.48, but worse than a loss of $0.33 per share a year ago, indicating an earnings surprise of +6.25% [1] - The company posted revenues of $4.73 billion for the quarter ended September 2025, missing the Zacks Consensus Estimate by 3.12%, but showing an increase from $4.57 billion in the same quarter last year [2] - Cleveland-Cliffs shares have increased approximately 41.7% year-to-date, significantly outperforming the S&P 500's gain of 13.3% [3] 分组2 - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The trend of estimate revisions for Cleveland-Cliffs was unfavorable prior to the earnings release, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] - The current consensus EPS estimate for the upcoming quarter is -$0.38 on revenues of $4.84 billion, and for the current fiscal year, it is -$2.25 on revenues of $19.29 billion [7] 分组3 - The Steel - Producers industry, to which Cleveland-Cliffs belongs, is currently ranked in the bottom 37% of over 250 Zacks industries, suggesting potential challenges for stock performance [8]