Cleveland-Cliffs CLF reported its Q2 earnings results on Friday, July 22, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
Earnings
Cleveland-Cliffs missed estimated earnings by 0.76%, reporting an EPS of $1.31 versus an estimate of $1.32.
Revenue was up $1.29 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.31 which was followed by a 2.13% drop in the share price the next day.
Here's a look at Cleveland-Cliffs's past performance:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|
EPS Estimate | 1.40 | 2.12 | 2.26 | 1.55 |
EPS Actual | 1.71 | 1.78 | 2.33 | 1.46 |
Revenue Estimate | 5.46B | 5.73B | 5.64B | 5.09B |
Revenue Actual | 5.96B | 5.35B | 6.00B | 5.04B |
To track all earnings releases for Cleveland-Cliffs visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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