Cleveland-Cliffs (CLF) Reports Q1 Loss, Tops Revenue Estimates

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 ...