Core Viewpoint - Cleveland-Cliffs (CLF) is expected to report a quarterly loss of -$0.62 per share, an increase of 8.8% compared to the same period last year, with revenues forecasted at $4.62 billion, reflecting a year-over-year increase of 6.8% [1] Earnings Estimates - The consensus EPS estimate has been revised 17.4% lower over the last 30 days, indicating a collective reevaluation by analysts [2] - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [3] Revenue Projections - Analysts estimate 'Revenues- Other Businesses' at $161.74 million, a change of +3% year over year [5] - The consensus estimate for 'Revenues- Steelmaking' is $4.46 billion, indicating a change of +6.9% from the prior-year quarter [5] - 'Revenues- Steelmaking- Coated steel' is projected to reach $1.37 billion, reflecting a year-over-year increase of +11.6% [5] Steel Shipments - 'Revenues- Steelmaking- Slab and other steel products' is forecasted at $215.64 million, a decrease of -13.4% from the prior-year quarter [6] - Total steel shipments are expected to reach 4010 thousand tons, up from 3827 thousand tons year-over-year [6] - 'Steel shipments by product - Coated steel' are projected at 1145 thousand tons, compared to 1012 thousand tons in the same quarter last year [7] - 'Steel shipments by product - Slab and other steel products' are expected to be 358 thousand tons, down from 382 thousand tons year-over-year [8] - 'Steel shipments by product - Cold-rolled steel' are projected at 626 thousand tons, compared to 594 thousand tons in the same quarter last year [9] - 'Steel shipments by product - Hot-rolled steel' are expected to reach 1523 thousand tons, slightly down from 1534 thousand tons year-over-year [9] - 'Steel shipments by product - Stainless and electrical steel' are estimated at 145 thousand tons, up from 131 thousand tons year-over-year [10] Stock Performance - Cleveland-Cliffs shares have increased by +7.4% in the past month, outperforming the Zacks S&P 500 composite, which moved +0.9% [11] - The company holds a Zacks Rank 3 (Hold), indicating it is expected to mirror overall market performance in the near future [11]

Core Viewpoint - MercadoLibre (MELI) is expected to report quarterly earnings of $9.74 per share, a 24.4% increase year-over-year, with revenues projected at $7.19 billion, reflecting a 35.4% year-over-year growth [1]. Earnings Estimates - Over the past 30 days, the consensus EPS estimate has been adjusted downward by 2.5%, indicating a reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions to the stock [3]. Revenue Projections - Analysts project 'Revenues- Fintech' at $3.22 billion, a 48.1% increase from the prior year [5]. - 'Revenues- Commerce' is expected to reach $4.08 billion, indicating a 30% year-over-year change [5]. - 'Geographic Revenue- Mexico' is estimated at $1.67 billion, reflecting a 45.7% increase [5]. - 'Geographic Revenue- Argentina' is forecasted to be $1.56 billion, a 51.5% increase [6]. - 'Geographic Revenue- Brazil' is projected at $3.92 billion, showing a 34.5% increase [6]. - 'Geographic Revenue- Fintech- Brazil' is expected to reach $1.50 billion, a 36.3% increase [7]. - 'Geographic Revenue- Other countries' is estimated at $293.12 million, reflecting a 32.6% increase [7]. - 'Geographic Revenue- Fintech- Argentina' is projected at $1.06 billion, indicating a 70.2% increase [8]. - 'Gross merchandise volume' is expected to be $16.20 billion, compared to $12.91 billion in the same quarter last year [9]. - 'Total payment volume' is projected to reach $71.07 billion, up from $50.69 billion year-over-year [9]. Stock Performance - Over the past month, MercadoLibre shares have declined by 13.8%, while the Zacks S&P 500 composite has increased by 1.3% [9].