CLEVELAND (AP) — CLEVELAND (AP) — Cleveland-Cliffs Inc. (CLF) on Monday reported a loss of $483 million in its second quarter.
The Cleveland-based company said it had a loss of 97 cents per share. Losses, adjusted for one-time gains and costs, were 50 cents per share.
The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 68 cents per share.
The mining company posted revenue of $4.93 billion in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $4.9 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CLF at https://www.zacks.com/ap/CLF
Copyright © 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
