CLEVELAND-CLIFFS INC (CLF) Earnings History & Surprises

NYSE:CLFUS1858991011

Current stock price

8.54 USD
+0.23 (+2.77%)
At close:
8.55 USD
+0.01 (+0.12%)
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CLF Earnings overview

Past quarterly earnings results for CLEVELAND-CLIFFS INC (CLF), including EPS and revenue actuals, analyst estimates, and surprise percentages. This page focuses on historical performance (not forecasts).

Earnings Snapshot

Next Earnings Date

Upcoming
Release Date
Apr 17, 2026
Period
Q1 / 2026
EPS Estimate
-$0.32
Revenue Estimate
4.849B

Last Reported

Most Recent
Release Date
Feb 9, 2026
Period
Q4 / 2025
EPS Reported
-$0.44
EPS Surprise
27.27%
Revenue Surprise
-6.87%

Beat Rate

Last 8 Quarters
13%
EPS and Revenue beats vs estimates

Quarterly Earnings Historical Results

EPS & Revenue History (in USD): Actual vs estimated values, surprises, q2q growth and acceleration numbers quarterly history.

QuarterEPSEPS EstEPS SurpriseEPS Q2QRevenueRevenue EstRevenue SurpriseRevenue Q2Q
Q4 2025 -0.44 -0.60 27.27% 52.17% 4.313B 4.631B -6.87% -0.28%
Q3 2025 -0.51 -0.48 -5.42% 1.92% 4.734B 4.949B -4.34% 3.61%
Q2 2025 -0.97 -0.75 -29.71% - 4.934B 4.978B -0.88% -3.10%
Q1 2025 -1.00 -0.78 -28.61% -655.56% 4.629B 4.683B -1.15% -10.96%
Q4 2024 -0.92 -0.62 -49.04% -1,740.00% 4.325B 4.473B -3.31% -15.40%
Q3 2024 -0.52 -0.27 -90.92% -200.00% 4.569B 4.817B -5.15% -18.48%
Q2 2024 0.00 -0.02 100.00% -100.00% 5.092B 5.256B -3.12% -14.91%
Q1 2024 0.18 0.22 -18.71% 263.64% 5.199B 5.398B -3.69% -1.81%
Q4 2023 -0.05 -0.06 20.53% 87.80% 5.112B 5.185B -1.41% 1.35%
Q3 2023 0.52 0.44 18.75% 79.31% 5.605B 5.633B -0.50% -0.85%
Q2 2023 0.67 0.70 -3.98% -40.71% 5.984B 5.853B 2.24% -5.57%
Q1 2023 -0.11 -0.20 43.72% -107.33% 5.295B 5.266B 0.55% -11.08%
Q4 2022 -0.41 -0.30 -34.81% -124.26% 5.044B 5.241B -3.76% -5.65%
Q3 2022 0.29 0.55 -47.59% -87.55% 5.653B 5.87B -3.70% -5.85%
Q2 2022 1.13 1.33 -14.92% -14.39% 6.337B 6.186B 2.44% 25.61%
Q1 2022 1.50 1.42 5.69% 689.47% 5.955B 5.511B 8.06% 47.07%
Q4 2021 1.69 2.14 -21.11% 4,125.00% 5.346B 5.784B -7.57% 136.95%
Q3 2021 2.33 2.29 1.95% 7,866.67% 6.004B 5.697B 5.39% 264.76%
Q2 2021 1.32 1.54 -14.27% 571.43% 5.045B 5.064B -0.38% 361.70%
Q1 2021 0.19 0.39 -51.72% 200.00% 4.049B 4.267B -5.11% 1,027.54%
Q4 2020 0.04 0.22 -82.01% - 2.256B 2.366B -4.64% -
Q3 2020 -0.03 -0.10 68.50% - 1.646B 1.62B 1.60% -
Q2 2020 -0.28 -0.51 44.82% - 1.093B 1.088B 0.43% -
Q1 2020 -0.19 -0.16 -16.43% - 359.1M 369.89M -2.92% -

Notes

  • EPS and Revenue values are non-GAAP when available, otherwise GAAP.
  • Surprise % is (Actual - Estimate) / |Estimate|. Green indicates positive surprise, red negative.
  • Q2Q % is quarter-over-quarter growth. Green indicates growth, red indicates decline.
  • Green right border indicates acceleration for sales or earnings growth. Acceleration is the case when the current Q2Q is above the previous Q2Q.

Earnings Q2Q Performance Trends

EPS Historical Q2Q growth and Acceleration

CLF EPS Q2Q GrowthCLF EPS Q2Q GrowthEPS Q2Q Growth Q1/21 Q3/21 Q1/22 Q3/22 Q1/23 Q3/23 Q1/24 Q3/24 Q1/25 Q4/25 Q2/26 Q4/26 Q2/27 Q4/27 0 2K 4K 6K

Revenue Historical Q2Q growth and Acceleration

CLF Revenue Q2Q GrowthCLF Revenue Q2Q GrowthRevenue Q2Q Growth Q1/21 Q3/21 Q1/22 Q3/22 Q1/23 Q3/23 Q1/24 Q3/24 Q1/25 Q3/25 Q1/26 Q3/26 0 200 400 600 800 1K

Surprise distribution (Last 4 Quarters)

EPS beat statistics

EPS beat (4)
1
Average EPS beat (4)
-9.12%
Max EPS beat (4)
27.27%
Min EPS beat (4)
-29.71%

Revenue beat statistics

Revenue beat (4)
0
Average Revenue beat (4)
-3.31%
Max Revenue beat (4)
-0.88%
Min Revenue beat (4)
-6.87%

Analysis

In the last 4 quarters, CLF has beaten EPS estimates in 1 out of 4 releases
CLF has not beaten revenue estimates in any of the last 4 earnings releases
In the last 4 quarters, CLF reported -9.1% below the EPS estimates on average.
In the last 4 quarters, CLF reported -3.3% below the revenue estimates on average.

CLEVELAND-CLIFFS INC / CLF Earnings FAQ

Can you provide the last earnings date for CLEVELAND-CLIFFS INC?

CLEVELAND-CLIFFS INC (CLF) last reported earnings on 2/9/2026.

Did CLEVELAND-CLIFFS INC (CLF) beat earnings estimates last quarter?

CLEVELAND-CLIFFS INC (CLF) beat EPS estimates and missed revenue estimates in the most recent quarter.

How often does CLEVELAND-CLIFFS INC (CLF) beat earnings estimates?

In the last 4 quarters, CLEVELAND-CLIFFS INC (CLF) has beaten EPS estimates in 1 out of 4 releases.