Cleveland-Cliffs (CLF) Reports Q3 Loss, Misses Revenue Estimates

Cleveland-Cliffs (CLF) came out with a quarterly loss of $0.45 per share versus the Zacks Consensus Estimate of a loss of $0.48. This compares to a loss of $0.33 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +6.25%. A quarter ago, it was expected that this mining company would post a loss of $0.68 per share when it actually produced a loss of $0.5, delivering a surprise of +26.47%.Over the last four quarters, the company has ...