Cleveland-Cliffs (NYSE:CLF) reported its Q4 earnings results on Friday, February 11, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
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Earnings
Cleveland-Cliffs missed estimated earnings by 16.04%, reporting an EPS of $1.78 versus an estimate of $2.12.
Revenue was up $3.09 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.07, which was followed by a 12.71% increase in the share price the next day.
Here's a look at Cleveland-Cliffs's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 2.26 | 1.55 | 0.34 | 0.22 |
| EPS Actual | 2.33 | 1.46 | 0.35 | 0.24 |
| Revenue Estimate | 5.64B | 5.09B | 4.22B | 2.34B |
| Revenue Actual | 6.00B | 5.04B | 4.05B | 2.26B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
