Benzinga | Oct 22, 2021 07:03AM EDT

Cleveland-Cliffs Q3 EPS $2.33 Beats $2.26 Estimate, Sales $5.87B Beat $5.64B Estimate

Cleveland-Cliffs (NYSE:CLF) reported quarterly earnings of $2.33 per share which beat the analyst consensus estimate of $2.26 by 3.1 percent. This is a 5725 percent increase over earnings of $0.04 per share from the same period last year. The company reported quarterly sales of $5.87 billion which beat the analyst consensus estimate of $5.64 billion by 4.06 percent. This is a 256.56 percent increase over sales of $1.65 billion the same period last year.