Cleveland-Cliffs: Q3 Earnings Insights

Cleveland-Cliffs CLF reported its Q3 earnings results on Friday, October 22, 2021 at 07:00 AM.

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

Cleveland-Cliffs beat their estimated earnings by 3.1%, which did not surprise analysts.

Revenue was up $4,358,000,000 from the same period last year.

Last quarter the company missed on EPS by $-0.09, which was followed by a 2.42% increase in the share price the next day.

Here's a look at Cleveland-Cliffs's past performance and the resulting price change:

Quarter	Q2 2021	Q1 2021	Q4 2020	Q3 2020
EPS Estimate	1.55	0.34	0.22	-0.10
EPS Actual	1.46	0.35	0.24	0.04
Revenue Estimate	5.09B	4.22B	2.34B	1.60B
Revenue Actual	5.04B	4.05B	2.26B	1.65B

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