Cliffs Natural Resources (CLF) Tops Q4 EPS by 2c, Sales Miss

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Cliffs Natural Resources Inc. Reports Fourth-Quarter and Full-Year 2015 Results

January 27, 2016 8:02 AM EST

CLEVELAND, Jan. 27, 2016 /PRNewswire/ --

Achieves fourth-quarter Adjusted EBITDA1 of $76 million Realizes significant year-over-year cost savings U.S. Iron Ore cash production costs3 decrease 23 percent to $45 per ton in the fourth quarter Asia Pacific Iron Ore cash production costs3 decrease 40 percent to $26 per ton in the fourth quarter

Cliffs Natural Resources Inc. (NYSE: CLF) today reported fourth-quarter and full-year results for the period ended December 31, 2015.

Fourth-quarter 2015 consolidated revenues of $476 million decreased 54 percent from the prior year's fourth-quarter... More