Cleveland-Cliffs Inc. Reports Fourth-Quarter and Full-Year 2018 Results
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Cliffs Natural Resources (CLF) PT Raised to $12 at Cowen
February 12, 2019 9:28 AM ESTCowen analyst Tyler Kenyon raised the price target on Cliffs Natural Resources (NYSE: CLF) to $12.00 (from $11.00) while maintaining a Market Perform rating.
... MoreCliffs Natural Resources (CLF) PT Raised to $13 at Credit Suisse
February 12, 2019 8:31 AM ESTCredit Suisse analyst Curt Woodworth raised the price target on Cliffs Natural Resources (NYSE: CLF) to $13.00 (from $12.00) while maintaining a Neutral rating.
The analyst commented, "CLF is set to generate very strong core FCF (i.e., ex HBI capex) over the next several... More
Cleveland-Cliffs (CLF) Reports Q4 EPS of $2.03, Revenues Miss
February 8, 2019 7:03 AM ESTCleveland-Cliffs (NYSE: CLF) reported Q4 EPS of $2.03, versus $0.60 reported last year. Revenue for the quarter came in at $696 million versus the consensus estimate of $731.24 million.
Fourth-quarter net income of $610 millionFourth-quarter earnings from continuing operations of $2.03 per diluted shareFourth-quarter 2018 consolidated revenues were $696 million, compared to prior-year fourth-quarter revenues of $512 million. Cost of goods sold and operating expenses were $494 million, compared to $396 million reported in the fourth quarter of 2017.For the... More