Reported 1 day ago
Cleveland-Cliffs (CLF) rose by 1.02% to $9.87, outperforming the S&P 500 and other major indices during a recent market downturn. The mining company has experienced a significant 36.07% gain over time, despite an expected earnings report indicating a substantial year-over-year decline. Upcoming earnings are anticipated to show a loss of -$0.65 per share, with projected revenue at $4.9 billion. Analysts have adjusted estimates, contributing to the company’s current Zacks Rank of #3 (Hold) amid a challenging industry outlook.
Source: YAHOO