Benzinga | Feb 25, 2021 07:30AM EST

Cleveland-Cliffs Q4 EPS $0.14 Misses $0.22 Estimate, Sales $2.26B Miss $2.34B Estimate

Cleveland-Cliffs (NYSE:CLF) reported quarterly earnings of $0.14 per share which missed the analyst consensus estimate of $0.22 by 36.36 percent. This is a 44 percent decrease over earnings of $0.25 per share from the same period last year. The company reported quarterly sales of $2.26 billion which missed the analyst consensus estimate of $2.34 billion by 3.59 percent. This is a 322.39 percent increase over sales of $534.10 million the same period last year.