— Cleveland-Cliffs (NYSE: CLF) reported its fourth-quarter 2019 earnings of $0.23 per share vs. $0.24 per share expected.
— Revenue fell 23% to $534 million, versus $549.4 million expected. Mining and Pelletizing pellet sales volume slid 10% in Q4 due to reduced customer demand.
— The company expects to generate approx. $300-325 million of net income and $550-575 million of adjusted EBITDA for the full-year 2020
— CLF shares fell 0.5% immediately following the announcement.
Listen to on-demand earnings calls and hear how management responds to analysts’ questions
Most Popular
CCL Earnings: Carnival Corp. Q4 2024 revenue rises 10%
Carnival Corporation & plc. (NYSE: CCL) Friday reported strong revenue growth for the fourth quarter of 2024. The cruise line operator reported a profit for Q4, compared to a loss
Key metrics from Nike’s (NKE) Q2 2025 earnings results
NIKE, Inc. (NYSE: NKE) reported total revenues of $12.4 billion for the second quarter of 2025, down 8% on a reported basis and down 9% on a currency-neutral basis. Net
FDX Earnings: FedEx Q2 2025 adjusted profit increases; revenue dips
Cargo giant FedEx Corporation (NYSE: FDX), which completed an organizational restructuring recently, announced financial results for the second quarter of 2025. Second-quarter earnings, excluding one-off items, were $4.05 per share,
Comments
Comments are closed.