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 billion last year. The company also projects a strong increase in EBITDA to $575 million from $286 million in Q2, though concerns remain about slow debt reduction despite improved profitability. This report will reveal if higher sales and better product mix translate into sustained profits.
Cleveland-Cliffs shares have gained 3.42% in the past day, trading at USD 12.56 on Pluang. The stock's market cap stands at $6.93 billion as of Oct 16, 2026 21:42 WIB.
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...
Cleveland-Cliffs is set to report earnings on October 19, prompting options traders to brace for significant price volatility. After a nearly 16% one-day jump following its last quarterly report, implied volatility for short-term options has surged, ...
Cleveland-Cliffs reported a strong Q2 with EBITDA tripling to $286 million and Q3 guidance at $575 million, supported by government grants and contract wins for facility upgrades. However, operational execution and debt reduction have lagged expectat...
