Cleveland-Cliffs Likely To Report Narrower Q1 Loss; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

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Cleveland-Cliffs Inc. (NYSE:CLF) will release earnings for its first quarter before the opening bell on Monday, April 20.

Analysts expect the Cleveland, Ohio-based company to report a quarterly loss of 41 cents per share, versus a loss of 92 cents per share in the year-ago period. The consensus estimate for Regions Financial’s quarterly revenue is $4.79 billion (it reported $4.63 billion last year), according to Benzinga Pro.

On Feb. 9, Cleveland-Cliffs reported mixed fourth-quarter financial results.

Cleveland-Cliffs shares rose 0.6% to close at $9.72 on Thursday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

  • JP …

Full story available on Benzinga.com

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