Cleveland-Cliffs: Q4 Earnings Insights

Cleveland-Cliffs CLF reported its Q4 earnings results on Friday, February 11, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Cleveland-Cliffs missed estimated earnings by 16.04%, reporting an EPS of $1.78 versus an estimate of $2.12.

Revenue was up $3.09 billion from the same period last year.

Last quarter the company beat on EPS by $0.07, which was followed by a 12.71% increase in the share price the next day.

Here's a look at Cleveland-Cliffs's past performance:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	2.26	1.55	0.34	0.22
EPS Actual	2.33	1.46	0.35	0.24
Revenue Estimate	5.64B	5.09B	4.22B	2.34B
Revenue Actual	6.00B	5.04B	4.05B	2.26B

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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