Cleveland-Cliffs Reports First-Quarter 2024 Results and Announces New $1.5 Billion Share Repurchase Program

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Go back to Cleveland-Cliffs Reports First-Quarter 2024 Results and Announces New $1.5 Billion Share Repurchase Program

Cleveland-Cliffs (CLF) Misses Q1 EPS by 4c

April 22, 2024 4:07 PM EDT

Cleveland-Cliffs (NYSE: CLF) reported Q1 EPS of $0.18, $0.04 worse than the analyst estimate of $0.22. Revenue for the quarter came in at $5.2 billion versus the consensus estimate of $5.35 billion.

Outlook

The Company maintained all of its previously guided expectations for the full-year 2024, including:

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