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Update: Cleveland-Cliffs Shares Rise After Posting Better-Than-Expected Q2 Results
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Update: Cleveland-Cliffs Shares Rise After Posting Better-Than-Expected Q2 Results
Jul 21, 2025 8:40 AM

11:17 AM EDT, 07/21/2025 (MT Newswires) -- (Updates with stock price movement in the headline and the first paragraph.)

Cleveland-Cliffs ( CLF ) shares rose 13.5% in recent Monday trading after Q2 results beat analysts' estimates.

The company reported a Q2 adjusted loss Monday of $0.50 per diluted share, swinging from adjusted earnings of $0.11 a year earlier.

Analysts polled by FactSet expected a loss of $0.71.

Revenue for the quarter ended June 30 was $4.93 billion compared with $5.09 billion a year earlier.

Analysts surveyed by FactSet expected $4.86 billion.

Price: 10.79, Change: +1.31, Percent Change: +13.77

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