Cleveland-Cliffs Inc. (CLF) released Loss for third quarter in line with the Street estimates.
The company's bottom line totaled -$251 million, or -$0.51 per share. This compares with -$244 million, or -$0.52 per share, last year.
Excluding items, Cleveland-Cliffs Inc. reported adjusted earnings of -$223 million or -$0.45 per share for the period.
Analysts on average had expected the company to earn -$0.45 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 3.6% to $4.734 billion from $4.569 billion last year.
Cleveland-Cliffs Inc. earnings at a glance (GAAP) :
-Earnings: -$251 Mln. vs. -$244 Mln. last year.-EPS: -$0.51 vs. -$0.52 last year.-Revenue: $4.734 Bln vs. $4.569 Bln last year.
For comments and feedback contact: editorial@rttnews.com
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.