Cleveland-Cliffs Inc. Reports First-Quarter 2019 Results and Announces Additional Share Repurchase Authorization

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Go back to Cleveland-Cliffs Inc. Reports First-Quarter 2019 Results and Announces Additional Share Repurchase Authorization

Cleveland-Cliffs (CLF) Tops Q1 EPS by 5c

April 25, 2019 7:09 AM EDT

Cleveland-Cliffs (NYSE: CLF) reported Q1 EPS of ($0.08), $0.05 better than the analyst estimate of ($0.13). Revenue for the quarter came in at $157 million versus the consensus estimate of $127.58 million.

Company reported adjusted EBITDA1 of $21 million, compared to the prior year's first quarter adjusted EBITDA1 of $52... More