Cleveland-Cliffs (CLF) Tops Q1 EPS by 1c, Beats on Revenue; Offers Guidance

Cleveland-Cliffs (NYSE: CLF) reported Q1 EPS of ($0.40), $0.01 better than the analyst estimate of ($0.41). Revenue for the quarter came in at $4.9 billion versus the consensus estimate of $4.81 billion.

The Company maintains the following previously guided expectations for the full-year 2026, including:

Steel shipment volumes maintained at approximately 16.5-17.0 million net tons
Capital expenditures maintained at approximately $700 million
Selling, general and administrative expenses maintained at approximately $575 million
Depreciation, depletion and amortization maintained at approximately $1.1 billion
Cash Pension and OPEB payments and contributions maintained at approximately $125 million

For earnings history and earnings-related data on Cleveland-Cliffs (CLF) click here.

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