Cleveland-Cliffs (CLF) Expected to Announce Earnings on Monday

Key Points

• Cleveland-Cliffs is set to announce its Q3 2025 earnings on Monday, October 20th, with analysts expecting a loss of ($0.44) per share and revenues of $4.8957 billion.
• The company's last quarterly results showed a loss of ($0.50) per share, exceeding expectations and achieving a revenue of $4.93 billion, reflecting a year-over-year increase of 7.5%.
• Multiple brokerages have recently raised their price targets on Cleveland-Cliffs, with an average target of $11.60 and the stock currently holds an average rating of "Hold" among analysts.

Cleveland-Cliffs (NYSE:CLF - Get Free Report) will likely be posting its Q3 2025 results before the market opens on Monday, October 20th. Analysts expect Cleveland-Cliffs to post earnings of ($0.44) per share and revenue of $4.8957 billion for the quarter. Interested persons may review the information on the company's upcoming Q3 2025 earningreport for the latest details on the call scheduled for Monday, October 20, 2025 at 8:30 AM ET.

Cleveland-Cliffs (NYSE:CLF - Get Free Report) last announced its quarterly earnings results on Monday, July 21st. The mining company reported ($0.50) earnings per share for the quarter, topping the consensus estimate of ($0.68) by $0.18. Cleveland-Cliffs had a negative net margin of 9.03% and a negative return on equity of 17.97%. The company had revenue of $4.93 billion for the quarter, compared to analysts' expectations of $4.90 billion. During the same quarter in the previous year, the business posted $0.11 earnings per share. Cleveland-Cliffs's quarterly revenue was up 7.5% on a year-over-year basis. On average, analysts expect Cleveland-Cliffs to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Cleveland-Cliffs Trading Down 7.1%

Shares of CLF opened at $13.19 on Monday. The company's fifty day moving average is $11.23 and its 200 day moving average is $9.17. Cleveland-Cliffs has a fifty-two week low of $5.63 and a fifty-two week high of $14.51. The stock has a market capitalization of $6.53 billion, a PE ratio of -3.87 and a beta of 1.96. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.61 and a current ratio of 2.04.

Analyst Ratings Changes

Several brokerages recently weighed in on CLF. Citigroup boosted their price target on shares of Cleveland-Cliffs from $7.50 to $11.00 and gave the stock a "neutral" rating in a research report on Monday, July 21st. JPMorgan Chase & Co. boosted their price target on shares of Cleveland-Cliffs from $7.50 to $10.00 and gave the stock a "neutral" rating in a research report on Thursday, July 24th. Morgan Stanley lifted their price objective on shares of Cleveland-Cliffs from $8.00 to $10.50 and gave the stock an "equal weight" rating in a research note on Tuesday, July 22nd. Wells Fargo & Company lifted their price objective on shares of Cleveland-Cliffs from $10.00 to $11.00 and gave the stock an "equal weight" rating in a research note on Monday, September 15th. Finally, Weiss Ratings reaffirmed a "sell (d)" rating on shares of Cleveland-Cliffs in a research note on Wednesday, October 8th. Three investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $11.60.

Institutional Trading of Cleveland-Cliffs

Large investors have recently made changes to their positions in the stock. PDT Partners LLC purchased a new stake in shares of Cleveland-Cliffs during the second quarter valued at $715,000. Boothbay Fund Management LLC purchased a new stake in shares of Cleveland-Cliffs during the second quarter valued at $469,000. Quantinno Capital Management LP boosted its stake in shares of Cleveland-Cliffs by 49.1% during the second quarter. Quantinno Capital Management LP now owns 56,391 shares of the mining company's stock valued at $429,000 after purchasing an additional 18,568 shares during the period. Prudential Financial Inc. boosted its stake in shares of Cleveland-Cliffs by 27.4% during the second quarter. Prudential Financial Inc. now owns 49,955 shares of the mining company's stock valued at $380,000 after purchasing an additional 10,733 shares during the period. Finally, Focus Partners Wealth purchased a new stake in shares of Cleveland-Cliffs during the first quarter valued at $339,000. 67.68% of the stock is owned by hedge funds and other institutional investors.

Cleveland-Cliffs Company Profile

Cleveland-Cliffs is the largest flat-rolled steel company and the largest iron ore pellet producer in North America. The company is vertically integrated from mining through iron making, steelmaking, rolling, finishing and downstream with hot and cold stamping of steel parts and components. The company was formerly known as Cliffs Natural Resources Inc and changed its name to Cleveland-Cliffs Inc in August 2017.

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