Cleveland-Cliffs (CLF) Tops Q2 EPS by 27c

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Go back to Cleveland-Cliffs (CLF) Tops Q2 EPS by 27c

Cleveland-Cliffs Inc. Reports Second-Quarter 2018 Results

July 20, 2018 8:00 AM EDT

Earnings per share from continuing operations increases 171 percent to $0.76 per share U.S. Iron Ore realized revenue rate increases 16 percent to $113 per long ton Full-year U.S. Iron Ore pellet sales volume expectation increases to 21 million long tons

CLEVELAND--(BUSINESS WIRE)-- Cleveland-Cliffs Inc. (NYSE: CLF) today reported second-quarter results for the period ended June 30, 2018.

The Company reported consolidated revenues of $714 million, compared to the prior year's second-quarter revenues of $471 million. Cost of goods sold was $430 million compared to $327 million reported... More