Cleveland-Cliffs (CLF) Tops Q2 EPS by 3c

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Go back to Cleveland-Cliffs (CLF) Tops Q2 EPS by 3c

Cleveland-Cliffs Reports Record Second-Quarter 2021 Results

July 22, 2021 7:00 AM EDT

Record quarterly revenue of $5.0 billion Record quarterly net income of $795 million Record quarterly adjusted EBITDA1 of $1.4 billion

CLEVELAND--(BUSINESS WIRE)-- Cleveland-Cliffs Inc. (NYSE: CLF) today reported second-quarter results for the period ended June 30, 2021.

Second-quarter 2021 consolidated revenues were $5.0 billion, compared to the prior-year second-quarter revenues of $1.1 billion.

For the second quarter of 2021, the Company recorded net income of $795 million, or $1.33 per diluted share. This included the following charges totaling $77 million, or $0.13 per diluted share:

charges of $37 million, or $0.06 per diluted... More