Search the Newsreel

Cleveland-Cliffs Stock Surges As Earnings Guidance Ignites Bulls

Cleveland-Cliffs Inc. (CLF) stock surged by over 9% and peaked at nearly 19% intraday after its Q2 earnings beat expectations. The company provided strong Q3 adjusted EBITDA guidance of $575 million, doubling Q2's $286 million, and expects Q3-Q4 EBITDA to more than double Q2 …

Why Fast-paced Mover Cleveland-Cliffs (CLF) Is a Great Choice for Value Investors

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far …

CLEVELAND-CLIFFS INC. Q2 2026: Revenue $5226M, EPS $(0.25) — 10-Q Summary

Cleveland-Cliffs Inc. (CLF) reported its Q2 2026 results, showing revenue of $5226 million and a diluted EPS of $(0.25), an improvement compared to Q2 2025. The company's revenue growth was driven by higher hot-rolled coil pricing and a shift towards higher-margin products, along with …

Cleveland-Cliffs Stock Surges 16% As Strong Q2 Results And Outlook Top Expectations

Cleveland-Cliffs (CLF) Climbs 16% on Strong Earnings, Highly Upbeat Outlook

Cleveland-Cliffs (CLF) shares rose by 16% after the company reported strong second-quarter earnings, reducing its net loss by 70% and increasing revenues by 6%. The company's CEO, Lourenco Goncalves, highlighted the robust domestic steel market and improved demand while forecasting even stronger earnings for …

Stock Market Today, July 23: Cleveland-Cliffs Stock Soars on Robust Steel Demand and Pricing

Cleveland-Cliffs(NYSE:CLF), an integrated flat-rolled steel and iron ore producer, closed at $10.96, up 15.98%. Quarterly results and upbeat guidance drove the gain; investors are watching second-half earnings and third-quarter adjusted EBITDA. Trading volume reached 64.1 million shares, coming in about 223% above its three-month …

Cleveland-Cliffs Inc (CLF) Q2 2026 Earnings Call Highlights: Strong EBITDA Growth and Positive ...

This article first appeared on GuruFocus. Adjusted EBITDA: $286 million in Q2, tripled from Q1; guidance of $575 million for Q3. Steel Shipments: Over 4 million tonnes in Q2; expected to exceed 4.3 million tonnes in Q3. Average Selling Price: Increased by $76 per …

Cleveland-Cliffs Shares Surge on Second-Quarter Beat, Upbeat Outlook

Cleveland-Cliffs' (CLF) second-quarter results surpassed Wall Street's views, while the steelmaker i PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles. Upgrade Already have a subscription? Sign …

Cleveland-Cliffs names CFO Celso Goncalves as president

Cleveland-Cliffs Inc. has appointed its CFO, Celso Goncalves, as president of the company. The announcement was made on July 23, 2026. This promotion signifies a significant change in leadership structure at the steel mill operation.

Iron Ore Miner Cleveland-Cliffs Inc. (NYSE: CLF) Makes NYSE Top Gainer List on Second Quarter News

Cleveland-Cliffs Inc. (NYSE: CLF) saw its shares jump over 15% after reporting strong second-quarter 2026 results. The company's adjusted EBITDA tripled from the previous quarter, it returned to positive free cash flow, and began reducing debt. CEO Lourenco Goncalves expects second-half earnings to be …

Cleveland-Cliffs Stock Jumps As Defense Deal Offsets Target Cuts

Cleveland-Cliffs Inc. (CLF) stock jumped by 18.68% after securing a five-year, up to $400M defense contract with the Defense Logistics Agency for grain oriented electrical steel. This positive news overshadowed recent price target cuts from JPMorgan and BofA Securities, which lowered their targets while …

Earnings call transcript: Cleveland-Cliffs tops outlook in Q2 2026 as stock jumps 17.3%

Cleveland-Cliffs reported Q2 2026 revenue of $5.2 billion, matching expectations, but an EPS loss of $0.20, slightly wider than the $0.19 forecast. Despite the small EPS miss, the stock surged 17.3% due to significant improvements in cash generation, a tripling of adjusted EBITDA, and …

Cleveland-Cliffs Inc. 2026 Q2 - Results - Earnings Call Presentation (NYSE:CLF) 2026-07-23

This article announces that Cleveland-Cliffs Inc. has published its slide deck in conjunction with its 2026 Q2 earnings call. The content was provided by SA Transcripts, a team responsible for developing and publishing thousands of quarterly earnings call transcripts. The purpose of the post …

Cleveland-Cliffs (CLF) Reports Q2 Loss, Tops Revenue Estimates

Cleveland-Cliffs (CLF) came out with a quarterly loss of $0.2 per share versus the Zacks Consensus Estimate of a loss of $0.21. This compares to a loss of $0.5 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report …

Cleveland-Cliffs (NYSE: CLF) grows Q2 2026 EBITDA and sees higher Q3 outlook

Cleveland-Cliffs Inc. reported a significant improvement in Q2 2026 financial results, with adjusted EBITDA tripling to $286 million from the prior quarter, despite a GAAP net loss of $134 million. The company expects continued strong performance in Q3 2026, projecting adjusted EBITDA of approximately …

Cleveland-Cliffs Announces Promotion of Chief Financial Officer Celso Goncalves from Executive Vice President to President and Appointment to Board of Directors

CLEVELAND, July 23, 2026--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today announced that its Board of Directors has promoted Executive Vice President and Chief Financial Officer Celso Goncalves to serve as President and Chief Financial Officer, and appointed him to the Company's Board of Directors, effective …

Cleveland-Cliffs Reports Second-Quarter 2026 Results

CLEVELAND, July 23, 2026--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today reported second-quarter results for the period ended June 30, 2026. Second-Quarter Consolidated Results Revenues of $5.2 billion, a $300 million increase from the prior quarter Operating cash flow of $230 million GAAP net loss of …

Cleveland-Cliffs surges as improving steel demand boosts Q2; CEO expects strong H2 (CLF:NYSE)

Cleveland-Cliffs (CLF) saw its stock surge by 14.6% pre-market after reporting a Q2 loss that was narrower than expected and higher revenue. The company attributes this improvement to increasing steel demand. CEO Lourenco Goncalves anticipates further strong performance in the second half of the …

Cleveland-Cliffs shares jump as upbeat third-quarter forecast outweighs earnings miss (NYSE:CLF)

Cleveland-Cliffs Q2: A Make-Or-Break Moment For The Stock (NYSE:CLF)

Cleveland-Cliffs CEO Relinquishes President Title; CFO Takes Over

Cleveland-Cliffs Inc. announced the promotion of its Executive Vice President and Chief Financial Officer, Celso Goncalves, to President and CFO, and his appointment to the company's Board of Directors. Lourenco Goncalves will continue as Chairman and CEO, relinquishing the President title. This move is …

Cleveland-Cliffs earnings ahead: Can steel surge narrow losses?

Cleveland-Cliffs Inc. is set to report its second-quarter earnings, with analysts expecting a $0.20 per share loss on $5.18 billion in revenue, reflecting a narrowing of losses due to a 36% year-over-year climb in steel prices. However, concerns remain regarding the sustainability of the …

Cleveland-Cliffs Inc. Stock 12‑Month Price Target Raised to $11.15, Implies 18% Upside

The average 12-month price target for Cleveland-Cliffs Inc. (CLF) stock has increased to $11.15, up from $10.96, based on estimates from 11 analysts. This new target suggests an 18% potential upside from the closing price on July 22. Despite the price target increase, the …

Cleveland-Cliffs (CLF) Proxy filing Summary

Cleveland-Cliffs (CLF) released a summary of its proxy filing, detailing a transitional 2025 with strategic exits and debt restructuring, positioning for a positive 2026 steel market. Key voting matters for shareholders include the election of eight directors, advisory approval of executive compensation, and ratification …

Cleveland-Cliffs (CLF) Q1 2025 earnings summary

Cleveland-Cliffs reported a challenging Q1 2025 with $4.63 billion in revenue, an adjusted EBITDA loss of $174 million, and a net loss of $495 million, primarily due to weaker steel prices and lower automotive demand. The company is implementing major operational restructuring, including idling …

Cleveland-Cliffs (CLF) M&A Announcement Summary

Cleveland-Cliffs (CLF) announced the acquisition of Stelco for $2.5 billion, aiming to strengthen its leadership in North American flat-rolled steel, expand its Canadian footprint, and add 1,800 union jobs. The deal, valued at $70.00 per share for Stelco shareholders, is expected to be immediately …

Cleveland-Cliffs Stock Slips As Wall Street Turns Cautious

Cleveland-Cliffs (CLF) stock has fallen over 3% after several major banks, including Morgan Stanley, BofA, and Wells Fargo, downgraded the stock or cut price targets, citing weak steel demand, decreased commodity forecasts, and high costs. Despite a 50% rally since April 1, Wall Street's …

Cleveland-Cliffs Slides as Investors Brace for Earnings and Reassess Steel Price Upside

Cleveland-Cliffs (CLF) stock experienced a 3.1% decline, likely due to investor caution ahead of its Q2 2026 earnings report and concerns about a plateau in U.S. steel prices. Analysts have also suggested that the recent benefits from higher steel prices are already factored into …

Ahead of Cleveland-Cliffs (CLF) Q2 Earnings: Get Ready With Wall Street Estimates for Key Metrics

Wall Street analysts forecast that Cleveland-Cliffs (CLF) will report quarterly loss of -$0.18 per share in its upcoming release, pointing to a year-over-year increase of 64%. It is anticipated that revenues will amount to $5.15 billion, exhibiting an increase of 4.4% compared to the …

Cleveland-Cliffs Q2 2026 Earnings Preview — July 23, Street Expects -$0.21 EPS

Cleveland-Cliffs Inc. is set to report its Q2 2026 earnings on July 23, with analysts forecasting a loss of $0.21 per share on revenues of $5.18 billion. Despite the anticipated loss, this represents a significant year-over-year improvement compared to Q2 2025. Analyst sentiment has …

Cleveland-Cliffs (NYSE:CLF) Expands S&P 500 Metals Presence

Cleveland-Cliffs (NYSE:CLF) is a significant steel producer whose presence in the S&P 500 highlights its role among large US companies and within the industrial materials sector. The article briefly mentions CLF's products, including flat-rolled steel and iron ore pellets, and the industries it serves, …

Lobbying Update: $180,000 of CLEVELAND-CLIFFS INC. lobbying was just disclosed

Cleveland-Cliffs Inc. disclosed $180,000 in lobbying expenditures for Q2 2026, focusing on "Steel Trade and Tariffs." The article also details recent insider trading activity, showing significant sales by executives and one purchase. Additionally, it highlights hedge fund movements in CLF stock and lists recent …

USU1852LAQ0 Bond Profile — Key Metrics

This article provides a detailed profile of the Cleveland-Cliffs Inc. 6.875% bond maturing on November 1, 2029 (USU1852LAQ0). Key metrics such as issue date, maturity date, outstanding amount, face value, minimum denomination, and coupon rate are presented. It also includes an overview of Cleveland-Cliffs …

Cleveland Cliffs (CLF) Nears Earnings, Is It A Bargain?

Cleveland-Cliffs (CLF) is approaching its July 23 earnings report with expectations for improved year-over-year earnings and revenue, despite recent share price declines. The company is considered 14.5% undervalued, trading at $9.28 against a fair value estimate of $10.86, driven by strategic cost reductions and …

Cleveland Cliffs (CLF) Stock Could Be 39% Undervalued As Cash Flow Recovers

Cleveland-Cliffs (CLF) stock is identified as potentially 39% undervalued based on its Discounted Cash Flow (DCF) intrinsic value estimate and sales-based multiples, despite a significant 57% decline over the past five years. The company's valuation hinges on its ability to convert operations into steadier …

Is Sharply Raised Loss Forecasts Before July 23 Earnings Altering The Investment Case For Cleveland-Cliffs (CLF)?

Cleveland-Cliffs recently came under focus as investors reacted to its upcoming July 23, 2026 earnings release, where analysts expect a loss per share alongside higher year-over-year revenue. At the same time, analysts have sharply raised their earnings estimates and continue to flag valuation and …