05:28 PM EST, 11/04/2024 (MT Newswires) -- Cleveland-Cliffs ( CLF ) reported a Q3 adjusted loss late Monday of $0.33 per diluted share, compared with earnings of $0.54 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.31.

Revenue for the quarter that ended Sept. 30 was $4.57 billion, down from $5.61 billion a year earlier.

Analysts surveyed by Capital IQ expected $4.72 billion.

Shares of Cleveland-Cliffs ( CLF ) traded nearly 5% lower in after-hours activity.

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