Cliffs Natural Resources Misses Estimates, Stock Falling (CLF)

Cliffs Natural Resources CLF reported Q2 earnings per share of $1.92 compared to $0.36 per share in the year ago period after the closing bell on Wednesday. This came in below analysts' expectations of $2.06. Revenues were up 203% year over year to $1.18 billion. This was below Wall Street expectations of $1.21 billion. In the after hours trading session, CLF has lost 1.53% to $53.31.