Cleveland-Cliffs' Q4 Earnings Miss Estimates, Revenues Beat
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Cleveland-Cliffs reported its Q4 earnings, which missed estimates due to lower steel product volumes and net selling prices. However, the company's revenues exceeded expectations.
February 25, 2025 | 1:45 pm
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Cleveland-Cliffs' Q4 earnings fell short of estimates, impacted by lower steel product volumes and net selling prices. Despite this, the company managed to surpass revenue expectations.
The earnings miss is likely to negatively impact CLF's stock price in the short term as it indicates challenges in the company's core operations. However, the revenue beat may provide some support, mitigating the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100