Cleveland-Cliffs Inc. Reports Third-Quarter 2020 Results
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Cleveland-Cliffs (CLF) Tops Q3 EPS by 8c
October 23, 2020 7:01 AM EDTCleveland-Cliffs (NYSE: CLF) reported Q3 EPS of ($0.02), $0.08 better than the analyst estimate of ($0.10). Revenue for the quarter came in at $1.6 billion versus the consensus estimate of $1.6 billion.
Cliffs' Chairman, President, and CEO Lourenco Goncalves said: Our strong third quarter results reflect the positive outcome of the actions we took in Q2, when we saw opportunity when others were paralyzed. During the almost three months when our main market, the automotive industry, went through unprecedented shutdowns across... More
