| (USD) | Jun 2024 | Q/Q |
|---|---|---|
| Revenue | 5.1B | -2% |
| Gross Profit | 162MM | - |
| Cost Of Revenue | 4.9B | +0% |
| Operating Income | 6MM | -116% |
| Operating Expenses | 156MM | - |
| Net Income | 2MM | -103% |
| G&A | 103MM | -22% |
| Amortization | 3MM | -25% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
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We recently compiled a list of Ken Fisher’s Top 10 Growth Stock Picks with 30+% Revenue Growth. In this article, we are going to take a look at where Cleveland-Cliffs Inc. (NYSE:CLF) stands against the other growth stocks. Growth is the holy grail of investing. After all, equities attract investors because they are return driven […]
While the top- and bottom-line numbers for Cleveland-Cliffs (CLF) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Cleveland-Cliffs (CLF) will invest $150 million in a new transformer plant in Weirton, creating 600 jobs and addressing the U.S. transformer shortage.
Q2 2024 Cleveland-Cliffs Inc Earnings Call
Read about U.S. electricity demand , Naturgy, Eni, and more in the latest Market Talks covering Energy and Utilities.
Steelmakers Nucor and Cleveland-Cliffs said Tuesday that steel from Mexico is eluding U.S. trade laws and holding down domestic steel prices. The Biden administration earlier this month said it will levy a 25% duty on imported goods from Mexico that include steel from China. U.S. steelmakers and other manufacturers have complained that China is circumventing existing U.S. tariffs by routing the metal through Mexico, which is allowed to send products into the U.S. without tariffs under a trade ...
CLF earnings call for the period ending June 30, 2024.
Cleveland-Cliffs' (CLF) second-quarter sales are adversely impacted by lower volumes and prices of steel products.
CLEVELAND, July 22, 2024--Cleveland-Cliffs Inc. (NYSE: CLF) today reported second-quarter results for the period ended June 30, 2024.
Cleveland-Cliffs announced Monday it will produce electrical transformers in a $150 million investment at a West Virginia facility that closed earlier this year. The company hopes to reopen the Weirton facility in early 2026 and “address the critical shortage of distribution transformers that is stifling economic growth across the United States,” it said in a statement. As many as 600 union workers who were laid off from the Weirton tin production plant will have the chance to work at the new ...