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Cleveland-Cliffs (CLF) Reports Q1 Loss, Tops Revenue Estimates
ZACKS· 2025-05-07 23:20
Cleveland-Cliffs (CLF) came out with a quarterly loss of $0.92 per share versus the Zacks Consensus Estimate of a loss of $0.78. This compares to earnings of $0.18 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of -17.95%. A quarter ago, it was expected that this mining company would post a loss of $0.65 per share when it actually produced a loss of $0.68, delivering a surprise of -4.62%. Over the last four quarters, the compa ...
Cleveland-Cliffs to Post Q1 Earnings: What's in Store for the Stock?
ZACKS· 2025-05-06 12:05
Core Viewpoint - Cleveland-Cliffs Inc. (CLF) is expected to report first-quarter 2025 results on May 7, with anticipated challenges due to lower year-over-year steel prices despite cost-cutting measures and increased volumes [1][5][9]. Revenue Estimates - The Zacks Consensus Estimate for CLF's first-quarter consolidated revenues is $4,596.6 million, indicating an 11.6% year-over-year decline [4]. Performance Factors - CLF is likely to face headwinds from weaker steel prices, with benchmark hot-rolled coil (HRC) prices dropping over 40% last year, closing near $700 per short ton from $1,200 per short ton at the beginning of 2024 [5][6]. - The average net selling price per net ton of steel products is estimated at $986, reflecting a 16.1% year-over-year decrease [8]. Cost Management - The company is expected to benefit from reduced steelmaking unit costs, with a sequential decline of approximately $15 per ton in the fourth quarter of 2024 and an anticipated reduction of about $40 per net ton in 2025 compared to 2024 [9]. Volume Growth - CLF is projected to have experienced higher sales volumes in the March quarter, estimated at 4.06 million net tons, suggesting a 3% year-over-year increase, driven by automotive demand and contributions from the Stelco acquisition [10]. Earnings Prediction - The Earnings ESP for CLF is -25.19%, with the consensus estimate indicating a loss of 67 cents for the first quarter, suggesting a low probability of an earnings beat [11][12].
Vistra Powers Forward
Seeking Alpha· 2025-05-04 15:21
Group 1 - The stock price of Vistra Corporation (NYSE: VST) has increased by more than 100% over the past year, yet the rating remains at "buy" for capital investment [1] - Laura Starks, the founder and CEO of Starks Energy Economics, has extensive experience in the energy sector, covering various companies including utilities and independent power producers [1] - The analysis indicates a beneficial long position in shares of VST, CEG, and NEE, highlighting a personal investment strategy in the energy sector [1]
Village Farms International Reschedules Q1 2025 Conference Call
Globenewswire· 2025-05-02 17:51
Company Overview - Village Farms International, Inc. is a vertically integrated supplier focused on high-value, high-growth plant-based Consumer Packaged Goods, leveraging decades of experience in Controlled Environment Agriculture [4] - The company is a leading fresh produce supplier in the US and Canada and is expanding into high-growth opportunities in the cannabis and CBD markets [4] Cannabis Operations - In Canada, the company's subsidiary Pure Sunfarms is one of the largest cannabis operations globally and a top-selling brand [5] - Village Farms owns 80% of Rose LifeScience, a leading cannabis products commercialization expert in Québec [5] - The company exports medical cannabis from its EU GMP certified facility in Canada to various international markets, including Germany, the UK, Israel, and Australia [6] US Market Strategy - Village Farms plans to enter the US high-THC cannabis market, leveraging its extensive greenhouse operations in West Texas and expertise from Pure Sunfarms [7] Clean Energy Initiatives - Village Farms Clean Energy, in partnership with Terreva Renewables, generates clean energy from landfill gas, significantly reducing greenhouse gas emissions in Vancouver [8]
United States Steel (X) Reports Q1 Loss, Tops Revenue Estimates
ZACKS· 2025-05-01 22:40
United States Steel (X) came out with a quarterly loss of $0.39 per share versus the Zacks Consensus Estimate of a loss of $0.48. This compares to earnings of $0.82 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 18.75%. A quarter ago, it was expected that this steel maker would post a loss of $0.25 per share when it actually produced a loss of $0.13, delivering a surprise of 48%.Over the last four quarters, the company has su ...
U.S. Steel to Post Q1 Earnings: What's in Store for the Stock?
ZACKS· 2025-04-30 12:40
United States Steel Corporation (X) is set to release first-quarter 2025 results after the closing bell on May 1.U.S. Steel surpassed the Zacks Consensus Estimate in three of the trailing four quarters while missing once. X has a trailing four-quarter earnings surprise of 20.4%, on average. It posted an earnings surprise of 48% in the last reported quarter. U.S. Steel’s shares have gained 18.5% over the past year, compared with the Zacks Steel Producers industry’s 35.1% decline.Image Source: Zacks Investmen ...
Earnings Preview: United States Steel (X) Q1 Earnings Expected to Decline
ZACKS· 2025-04-24 15:07
The market expects United States Steel (X) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be releas ...
Village Farms International to Report Q1 2025 Results on May 6, 2025
Newsfilter· 2025-04-23 11:00
Core Viewpoint - Village Farms International, Inc. is set to discuss its first quarter 2025 financial results in a conference call scheduled for May 6, 2025, at 8:30 a.m. ET, following a news release at 7:00 a.m. ET on the same day [1][3]. Company Overview - Village Farms is a large-scale, Controlled Environment Agriculture-based supplier focused on high-value, high-growth plant-based Consumer Packaged Goods, with a strong foundation as a leading fresh produce supplier in the US and Canada [5]. - The company is capitalizing on growth opportunities in the cannabis and CBD sectors across North America, the Netherlands, and select international markets [5]. Cannabis Operations - In Canada, the company's subsidiary, Pure Sunfarms, is one of the largest cannabis operations globally and a leading brand in the market [6]. - Village Farms holds an 80% stake in Rose LifeScience, a prominent cannabis commercialization expert in Québec [6]. - The company is expanding its international cannabis and CBD presence, exporting medical cannabis to markets such as Germany, the UK, Israel, and Australia [7]. US Market Strategy - Village Farms plans to enter the US high-THC cannabis market, leveraging its extensive greenhouse operations in West Texas and the expertise gained from its Canadian operations [8]. Clean Energy Initiatives - Village Farms Clean Energy, in partnership with Terreva Renewables, generates clean energy from landfill gas, significantly reducing greenhouse gas emissions in Vancouver [9].
Will Nucor (NUE) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2025-04-22 17:15
Core Insights - Nucor (NUE) is positioned to continue its earnings-beat streak, having achieved an average surprise of 48.53% over the last two quarters [1][4]. Earnings Performance - In the last reported quarter, Nucor's earnings were $1.22 per share, exceeding the Zacks Consensus Estimate of $0.64 per share, resulting in a surprise of 90.63% [2]. - For the previous quarter, Nucor was expected to post earnings of $1.40 per share but delivered $1.49 per share, achieving a surprise of 6.43% [2]. Earnings Estimates and Predictions - Nucor's earnings estimates have been trending higher, supported by its history of earnings surprises [4]. - The company currently has an Earnings ESP of +6.17%, indicating a bullish outlook from analysts regarding its earnings prospects [7]. - The combination of a positive Earnings ESP and a Zacks Rank of 2 (Buy) suggests a strong possibility of another earnings beat in the upcoming report [7]. Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [5]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [6].