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Stock impact report

Cleveland-Cliffs' Seasonal Slowdown Hit Earnings, but It Remains on Track [The Motley Fool]

Cleveland-Cliffs Inc. (CLF) 
Last cleveland-cliffs inc. earnings: 2/20 07:00 am Check Earnings Report
Company Research Source: The Motley Fool
Cleveland-Cliffs' Seasonal Slowdown Hit Earnings, but It Remains on Track -- The Motley Fool Cleveland-Cliffs' Seasonal Slowdown Hit Earnings, but It Remains on Track The winter months are always slow for the iron ore producer, so the sharp drop in profitability shouldn't come as a surprise. Tyler Crowe ( TMFDirtyBird May , 09 at 7:PM At first glance, NYSE:CLF In reality, though, this is very much business as usual for the North American iron ore supplier, and management's estimates for the year remained pretty much undeterred by the slow quarter. So, let's take a look at why management is able to brush off this quarter's results so easily and what Cleveland-Cliffs has in store for the rest of 09. Image source: Getty Images. By the numbers Metric Q 09 Q 08 Q 08 Revenue $7.0 million $9 million $80.0 million Operating income ($0.8 million) $. million $0. million Net income ($. million) $09. million ($8. million) EPS (diluted) ($0.08) $.98 ($0.9) DATA SOURCE: CLEVELAND-CLIFFS EARNINGS RE Show less Read more
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