Dahlman Rose Downgrades Cliffs Natural Resources (CLF) to Hold; a New Normal

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Cliffs Natural Resources (CLF) Misses Q3 EPS by 48c

October 24, 2012 4:52 PM EDT

Cliffs Natural Resources (NYSE: CLF) reported Q3 EPS of $0.59, $0.48 worse than the analyst estimate of $1.07 and down from $4.15 last year. Revenue for the quarter came in at $1.5 billion versus the consensus estimate of $1.72 billion.

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