Cleveland-Cliffs CLF reported its Q1 earnings results on Friday, April 22, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
Earnings
Cleveland-Cliffs beat estimated earnings by 22.14%, reporting an EPS of $1.71 versus an estimate of $1.4.
Revenue was up $1.91 billion from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.34 which was followed by a 9.69% drop in the share price the next day.
Here's a look at Cleveland-Cliffs's past performance:
Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
---|---|---|---|---|
EPS Estimate | 2.12 | 2.26 | 1.55 | 0.34 |
EPS Actual | 1.78 | 2.33 | 1.46 | 0.35 |
Revenue Estimate | 5.73B | 5.64B | 5.09B | 4.22B |
Revenue Actual | 5.35B | 6.00B | 5.04B | 4.05B |
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.
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Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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