CEO berates analysts on conference call: 'You are a disaster...they will have to commit suicide' [CNBC]
Cleveland-Cliffs Inc. (CLF)
Last cleveland-cliffs inc. earnings: 2/20 07:00 am
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Source: CNBC
show chapters Cleveland-Cliffs CEO Lourenco Goncalves berated Wall Street analysts and investors betting against his stock during the company's third-quarter earnings conference call on Friday, saying they can't read numbers. Referring to an unspecified individual, he added that the company's stock buybacks are going to screw this guy so badly that ... they will have to commit suicide. Cleveland-Cliffs bills itself as the largest and oldest iron ore miner in the U.S. Goncalves' rant began after the first analyst question on the earnings call: It's unbelievable that this big banks has still employ this type of people, you should resign for your lack of knowledge of things, it's not like that you don't understand, you are very one of the best, it's not like you don't understand our business , you don't understand your own business. You are a disaster. You are an embarrassment to your parents. With this being said, we are going to use money to rewar
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CLF
News
- Cleveland-Cliffs shares fall after Q1 earnings miss estimates [Seeking Alpha]Seeking Alpha
- Cleveland-Cliffs (CLF) Q1 Earnings and Revenues Miss Estimates [Yahoo! Finance]Yahoo! Finance
- Energy secretary visits to reassure Butler Cleveland-Cliffs employees their jobs are safe [CBS News]CBS News
- Cleveland-Cliffs Reports First-Quarter 2024 Results and Announces New $1.5 Billion Share Repurchase Program [Yahoo! Finance]Yahoo! Finance
- Cleveland-Cliffs Reports First-Quarter 2024 Results and Announces New $1.5 Billion Share Repurchase ProgramBusiness Wire
CLF
Earnings
- 4/22/24 - Miss
CLF
Sec Filings
- 4/22/24 - Form 8-K
- 4/5/24 - Form 8-K
- 4/3/24 - Form 4
- CLF's page on the SEC website