— 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.
Micron Technology Inc. (NASDAQ: MU) reported third quarter 2022 earnings results today. Revenue increased 16% year-over-year to $8.64 billion. GAAP net income was $2.63 billion, or $2.34 per share, compared
Shares of Constellation Brands Inc. (NYSE: STZ) were down 4% on Thursday despite the company beating expectations on its first quarter 2023 earnings results. The stock has dropped 7% year-to-date.
Constellation Brands, Inc. (NYSE: STZ) reported first quarter 2023 earnings results today. Net sales increased 17% year-over-year to $2.3 billion. Net income attributable to CBI was $390 million, or $2.06