News & Events:CLF

As of the close of business on Thursday, 8/4, we captured the Top 10 Highest Short Interest % stocks within the Basic Materials Sector. The average short interest for stocks within the Basic Materials sector stands at 2.88%. Therefore, the below stocks are showing a more pessimistic outlook than their peers within the respective sector.

Cleveland-Cliffs Get Analyst Downgrade On Bullish Consensus, Higher Multiple Than Peer

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Cleveland-Cliffs has observed the following analyst ratings within the last quarter: In the last 3 months, 7 analysts have offered 12-month price targets for Cleveland-Cliffs. Below is a summary of how these 7 analysts rated Cleveland-Cliffs over the past 3 months.

CNBC's "Fast Money Halftime Report" delivers market-moving news to investors. The commentary delivered by hosts of the show often moves the stocks mentioned.

Cleveland-Cliffs Inc shares are volatile Friday morning after the company announced mixed financial results. Cleveland-Cliffs reported second-quarter revenue of $6.34 billion, which beat the estimate of $6.15 billion, according to data from Benzinga Pro. The company reported quarterly adjusted earnings of $1.31 per share, which missed the estimate of $1.32 per share.

Cleveland-Cliffs Inc (CLF): * CLEVELAND-CLIFFS REPORTS SECOND-QUARTER 2022 RESULTS. * Q2 REVENUE $6.3 BILLION VERSUS $5.0 BILLION. * Q2 EARNINGS PER SHARE $1.13. * WOULD EXPECT ITS FULL-YEAR 2022 AVERAGE SELLING PRICE TO BE ABOUT $1,410 PER NET TON. * Q2 EARNINGS PER SHARE VIEW $1.32, REVENUE VIEW $6.12 BILLION -- REFINITIV IBES DATA Source text for Eikon: Further company coverage:

  Cleveland-Cliffs reported its Q2 earnings results on Friday, July 22, 2022 at 06:00 AM. Here's what investors need to know about the announcement. Cleveland-Cliffs missed estimated earnings by 0.76%, reporting an EPS of $1.31 versus an estimate of $1.32. Revenue was up $1.29 billion from the same period last year.

Cleveland-Cliffs Inc. (CLF) today reported second-quarter results for the period ended June 30, 2022. Second-quarter 2022 consolidated revenues were $6.3 billion, compared to the prior-year second-quarter revenues of $5.0 billion. For the second quarter of 2022, the Company recorded net income of $601 million, or $1.13 per diluted share attributable to Cliffs shareholders.

  ** Sify Technologies is expected to report earnings for its first quarter. ** South Plains Financial is projected to report quarterly earnings at $0.49 per share on revenue of $48.76 million. ** First BanCorp is likely to report quarterly earnings at $0.35 per share on revenue of $193.41 million.

CNBC's "Fast Money: Halftime Report" delivers market-moving news to investors. The commentary delivered by hosts of the show often moves the stocks mentioned. Traders on the show bought the following stocks: Exxon Mobil Corp Jim Lebenthal opened a starter position.

Cleveland-Cliffs is set to give its latest quarterly earnings report on Friday, 2022-07-22. Analysts estimate that Cleveland-Cliffs will report an earnings per share of $1.32. Cleveland-Cliffs bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

As of the close of business on Tuesday, 7/19, we captured the Top 10 Highest Short Interest % stocks within the Basic Materials Sector. The average short interest for stocks within the Basic Materials sector stands at 2.91%. Therefore, the below stocks are showing a more pessimistic outlook than their peers within the respective sector.

  On Thursday, 550 companies achieved new lows for the year. The stocks that set new 52-week lows on Thursday: Be sure to stay with Benzinga for further updates and market-moving news.

Cleveland-Cliffs Inc. (CLF) will announce its second-quarter 2022 earnings results before the U.S. market open on Friday, July 22, 2022. The Company invites interested parties to listen to a live broadcast of a conference call with securities analysts and institutional investors to discuss the results on July 22, 2022, at 10:00 am ET.

Cleveland-Cliffs has observed the following analyst ratings within the last quarter: These 6 analysts have an average price target of $31.67 versus the current price of Cleveland-Cliffs at $14.9, implying upside. Below is a summary of how these 6 analysts rated Cleveland-Cliffs over the past 3 months.

On CNBC's "Halftime Report Final Trades," Jon Najarian said that Cleveland-Cliffs Inc's stock had declined more than 30% in a month. Jason Snipe of Odyssey Capital Advisors said he liked pharmaceutical distributer McKesson Corporation . The company has 9.6% free cash flow yield and a little over 10% long-term growth rates, Snipe mentioned. Check out other stocks making big moves in the premarket.

CNBC's "Fast Money Halftime Report" delivers market-moving news to investors. The commentary delivered by hosts of the show often moves the stocks mentioned. Ethereum : Najarian also bought Ethereum, mentioning BTC and ETH will be the only cryptos that survive the current "crypto winter."

  On Thursday, 588 stocks hit new 52-week lows. These stocks set new 52-week lows on Thursday: Be sure to stay with Benzinga for further updates and market-moving news.

  During Wednesday's session, 340 companies made new 52-week lows. Stocks that set new 52-week lows on Wednesday are as follows: Be sure to stay with Benzinga for further updates and market-moving news.