Cleveland-Cliffs Q2 Adj. EPS $1.31 Misses $1.32 Estimate, Sales $6.34B Beat $6.15B Estimate

Cleveland-Cliffs (NYSE: CLF) reported quarterly earnings of $1.31 per share which missed the analyst consensus estimate of $1.32 by 0.76 percent. This is a 10.27 percent decrease over earnings of $1.46 per share from the same period last year.

Cleveland-Cliffs (NYSE:CLF) reported quarterly earnings of $1.31 per share which missed the analyst consensus estimate of $1.32 by 0.76 percent. This is a 10.27 percent decrease over earnings of $1.46 per share from the same period last year. The company reported quarterly sales of $6.34 billion which beat the analyst consensus estimate of $6.15 billion by 3.04 percent. This is a 25.61 percent increase over sales of $5.04 billion the same period last year.

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