Cleveland-Cliffs (NYSE: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.

Earnings

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.

Past Earnings Performance

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:

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