Benzinga | Apr 22, 2021 07:12AM EDT

Cleveland-Cliffs Q1 EPS $0.07 Misses $0.34 Estimate, Sales $4.00B Miss $4.22B Estimate

Cleveland-Cliffs (NYSE:CLF) reported quarterly earnings of $0.07 per share which missed the analyst consensus estimate of $0.34 by 79.41 percent. This is a 75 percent increase over earnings of $0.04 per share from the same period last year. The company reported quarterly sales of $4.00 billion which missed the analyst consensus estimate of $4.22 billion by 5.21 percent. This is a 1.13K percent increase over sales of $324.50 million the same period last year.