Cleveland-Cliffs reported Q3 adjusted EPS of $0.28, beating analyst estimates of $0.21, while revenue of $5.61 billion fell short of the $5.69 billion forecast. The company saw higher steel prices and shipments of 4.2 million net tons, returning to quarterly profit with net income of $165 million. Adjusted EBITDA was $612 million, above expectations, and liquidity remained strong at $3.2 billion. Shares rose 14% after the company projected a strong 2027, supported by tariffs, signaling confidence despite the revenue miss.
Cleveland-Cliffs shares have gained 7.67% on Pluang, trading at USD 13.05 as of Oct 19, 2026 21:02 WIB. The stock remains well below its 52-week high of USD 16.18 but above the low of USD 7.82, with a market cap of $6.91 billion.
Cleveland-Cliffs reported its best quarter in three years with adjusted EBITDA of $612 million, beating guidance and lifting shares 10%. Despite missing revenue expectations at $5.61 billion, the company saw improved pricing, sales volumes, and profi...
Cleveland-Cliffs is set to report Q3 2026 earnings on October 19, with analysts forecasting a significant turnaround to $0.24 earnings per share from a loss of $0.45 the previous year. Revenue is expected to rise to around $5.7 billion, up from $4.73...
Alcoa's shares rose 8% following a Q3 earnings beat with adjusted earnings of $1.82 per share, surpassing estimates, despite slightly missing revenue forecasts. The company also agreed to sell part of its New York Massena East site for data center de...
Cleveland-Cliffs shares fell 4%, a sharper decline than its steel rivals, due to uncertainty over U.S. trade policy impacting its integrated operations in both the U.S. and Canada. The company owns Stelco, a Canadian steelmaker, so tariffs on Canadia...
