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Cleveland-Cliffs Q1 EPS $0.04 Beats $(0.16) Estimate, Sales $359.000M Miss $366.230M Estimate

Cleveland-Cliffs (NYSE:CLF) reported quarterly earnings of $0.040 per share which beat the analyst consensus estimate of $(0.160) by 125 percent. This is a 150 percent increase over losses of $(0.080) per share from the

Benzinga · 05/11/2020 12:01

Cleveland-Cliffs (NYSE:CLF) reported quarterly earnings of $0.040 per share which beat the analyst consensus estimate of $(0.160) by 125 percent. This is a 150 percent increase over losses of $(0.080) per share from the same period last year. The company reported quarterly sales of $359.000 million which missed the analyst consensus estimate of $366.230 million by 1.97 percent. This is a 128.66 percent increase over sales of $157.000 million the same period last year.