Cleveland-Cliffs Q3 Loss Narrower Than Expected, Revenues Miss

Key Takeaways Cleveland-Cliffs posted an adjusted Q3 loss of 45 cents per share, narrower than expectations.Revenues rose 3.6% year over year to $4.73 billion but fell short of analyst estimates.The company cut 2025 capex and SG&A forecasts while keeping cost-reduction goals intact.Cleveland-Cliffs Inc.’s(CLF) third-quarter 2025 adjusted loss was 45 cents per share. The figure was narrower than the Zacks Consensus Estimate of a loss of 48 cents per share. It reported an adjusted loss of 33 cents per share i ...