Cleveland-Cliffs Reports Fourth-Quarter and Full-Year 2020 Results

Go back to Cleveland-Cliffs Reports Fourth-Quarter and Full-Year 2020 Results

Cleveland-Cliffs (CLF) Tops Q4 EPS by 2c

February 25, 2021 7:08 AM EST

Cleveland-Cliffs (NYSE: CLF) reported Q4 EPS of $0.24, ex- 10 cent charge, $0.02 better than the analyst estimate of $0.22. Revenue for the quarter came in at $2.3 billion versus the consensus estimate of $2.34 billion.

Lourenco Goncalves, Chairman, President and Chief Executive Officer, said: Without question, 2020 was the most transformational year in our Company\'s 173 year history. We completed two seminal acquisitions, AK Steel and ArcelorMittal USA, that transformed us from an iron ore... More