Cleveland-Cliffs Reports Full-Year and Fourth-Quarter 2021 Results and Announces $1 Billion Share Repurchase Program

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Go back to Cleveland-Cliffs Reports Full-Year and Fourth-Quarter 2021 Results and Announces $1 Billion Share Repurchase Program

Cleveland-Cliffs (CLF) Misses Q4 EPS by 41c, Announces $1B Buyback

February 11, 2022 7:02 AM EST

Cleveland-Cliffs (NYSE: CLF) reported Q4 EPS of $1.78, $0.41 worse than the analyst estimate of $2.19. Revenue for the quarter came in at $5.3 billion versus the consensus estimate of $5.76 billion.

The Cliffs Board of Directors has authorized a new share repurchase program for the Company... More