Cleveland-Cliffs inches up on Q1 revenue beat

Cleveland-Cliffs

20/04/2026 11:58

** Shares of steel producer Cleveland-Cliffs CLF.N up 0.5% at $9.99 premarket

** Co posts Q1 revenue of $4.90 bln, above analyst est of $4.78 bln - LSEG data

** Increased steel shipments and higher average selling prices contributed to Q1 revenue growth

** Q1 adj loss per share of $0.40 vs est of $0.39 loss per share

** Two out of 15 analysts rate stock "buy", 11 rate it "hold", two "sell"; median PT at $12.29 - data compiled by LSEG

** As of last close, CLF stock down 25.1% YTD

 (Reporting by Tharuniyaa Lakshmi in Bengaluru)

 ((tharuniyaa@thomsonreuters.com))