Cleveland-Cliffs (CLF) Tops Q1 EPS by 1c, Beats on Revenue; Offers Guidance
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Cleveland-Cliffs Reports First-Quarter 2026 Results
April 20, 2026 6:00 AM EDTCLEVELAND--(BUSINESS WIRE)-- Cleveland-Cliffs Inc. (NYSE: CLF) today reported first-quarter results for the period ended March 31, 2026.
First-Quarter Consolidated Results
Steel shipments of 4.1 million net tons, a 338,000 increase from the prior quarter Revenues of $4.9 billion, a $600 million increase from the prior quarter GAAP net loss of $229 million, or $0.42 per diluted share Adjusted EBITDA2 of $95 million, inclusive of an $80 million onetime energy cost impact driven by extreme cold weather Liquidity of $3.1 billion as of March 31, 2026First-quarter 2026 consolidated revenues were $4.9... More
