Cleveland-Cliffs (CLF) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
Quarterly Revenue (Billions)
Cleveland-Cliffs (CLF) last issued guidance on February 3, 2025 for fiscal year 2024. The company guided revenue in the range of $19.2B - $19.2B for the period.
Compared to prior guidance, Cleveland-Cliffs raised its revenue forecast from a prior range of $4.3B - $4.3B.
Cleveland-Cliffs has issued 3 guidance updates between April 11, 2023 and February 3, 2025. During this period, the company raised its outlook 1 time and lowered it 1 time, providing investors with insight into management's evolving expectations.
| Metric | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $-0.18 | $-0.41 | $-0.62 | $-0.46 |
| Actual | $-0.20 | $-0.40 | $-0.43 | $-0.45 |
| Surprise | -11.1% | +2.44% | +30.6% | +2.17% |
| Revenue | ||||
| Estimate | $5.21B | $4.81B | $4.60B | $4.89B |
| Actual | $5.23B | $4.92B | $4.31B | $4.73B |
| Surprise | +0.22% | +2.36% | -6.33% | -3.26% |
| Metric | Q3 '26E | Q4 '26E | Q1 '27E | Q2 '27E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $0.22 | $0.22 | $0.32 | $0.28 |
| Revenue | ||||
| Consensus | $5.68B | $5.49B | — | — |
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q2 | Jul 23, 2026 | $-0.20 | $-0.18 | -11.1 % |
| Q1 | Apr 20, 2026 | $-0.40 | $-0.41 | 2.44 % |
| Q4 | Feb 9, 2026 | $-0.43 | $-0.62 | 30.6 % |
| Q3 | Oct 20, 2025 | $-0.45 | $-0.46 | 2.17 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q2 | Jul 23, 2026 | $5.23B | $5.21B | 0.22 % |
| Q1 | Apr 20, 2026 | $4.92B | $4.81B | 2.36 % |
| Q4 | Feb 9, 2026 | $4.31B | $4.60B | -6.33 % |
| Q3 | Oct 20, 2025 | $4.73B | $4.89B | -3.26 % |