Cleveland-Cliffs (CLF) Misses Q4 EPS by 22c
Cleveland-Cliffs (NYSE: CLF) reported Q4 EPS of ($0.68), $0.22 worse than the analyst estimate of ($0.46). Revenue for the quarter came in at $4.3 billion versus the consensus estimate of $4.54 billion.
2025 Expectations
The Company put forth the following expectations for the full-year 2025, which now include Stelco:
- Steel unit cost reductions of approximately $40 per net ton compared to 2024
- Capital expenditures of approximately $700 million
- Selling, general and administrative expenses of approximately $625 million
- Depreciation, depletion and amortization of approximately $1.1 billion
- Cash Pension and OPEB payments and contributions of approximately $150 million
For earnings history and earnings-related data on Cleveland-Cliffs (CLF) click here.
