Cleveland-Cliffs (CLF) Reports Q4 EPS of $2.03, Revenues Miss
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Cleveland-Cliffs Inc. Reports Fourth-Quarter and Full-Year 2018 Results
February 8, 2019 7:00 AM ESTFourth-quarter net income of $610 million Fourth-quarter earnings from continuing operations of $2.03 per diluted share Full-year net income of $1.1 billion Full-year earnings from continuing operations of $3.42 per diluted share
CLEVELAND--(BUSINESS WIRE)-- Cleveland-Cliffs Inc. (NYSE: CLF) today reported fourth-quarter and full-year results for the period ended December31, 2018.
Fourth-quarter 2018 consolidated revenues were $696 million, compared to prior-year fourth-quarter revenues of $512 million. Cost of goods sold and operating expenses were $494 million, compared to $396 million reported in the fourth quarter of 2017.... More
