BUZZ-Cleveland-Cliffs inches up on Q1 revenue beat

Reuters
2026.04.20 10:58

Shares of steel producer Cleveland-Cliffs (CLF.N) up 0.5% at $9.99 premarket

Co posts Q1 revenue of $4.90 bln, above analyst est of $4.78 bln - LSEG data

Increased steel shipments and higher average selling prices contributed to Q1 revenue growth

Q1 adj loss per share of $0.40 vs est of $0.39 loss per share

Two out of 15 analysts rate stock “buy”, 11 rate it “hold”, two “sell”; median PT at $12.29 - data compiled by LSEG

As of last close, CLF stock down 25.1% YTD

Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.