Cliffs(US:CLF) Financial Modeling Prep·2026-02-09 23:00Core Viewpoint - Cleveland-Cliffs Inc. reported a mixed financial performance for the fourth quarter, with a notable EPS improvement but revenue falling short of expectations, indicating ongoing challenges in the steel industry [2][3][6]. Financial Performance - The company reported an earnings per share (EPS) of -$0.43, which was better than the Zacks Consensus Estimate of -$0.62, reflecting a positive surprise of 30.08% compared to a loss of $0.68 per share in the same quarter last year [2][6]. - Revenue for the quarter was approximately $4.31 billion, missing the estimated $4.59 billion by 6.66% and slightly lower than the $4.33 billion reported in the same quarter the previous year [3][6]. - Cleveland-Cliffs faced a GAAP net loss of $235 million, translating to a loss of $0.44 per diluted share, while the adjusted net loss was $0.43 per diluted share [4][6]. Liquidity and Financial Ratios - The company maintained a strong liquidity position with $3.3 billion available, indicating its capability to manage financial obligations effectively [4][6]. - The price-to-earnings (P/E) ratio was approximately -3.58, reflecting negative earnings, while the price-to-sales ratio was about 0.37, suggesting the stock is valued at 37 cents for every dollar of sales [5]. - The debt-to-equity ratio stood at 1.47, indicating a higher level of debt compared to equity, and a current ratio of 2.04 suggests strong liquidity, with current assets more than twice its current liabilities [5].