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Stock impact report

Cleveland-Cliffs Ends 2017 on a Promising Note [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
The company's finances are in much better shape and it has some attractive investments in the works. When was the last time you could say that about Cleveland-Cliffs? If you need any confirmation that 2017 was a pivotal year for Cleveland-Cliffs ( NYSE:CLF ) , just take a look at the balance sheet in its fourth-quarter earnings release. Sure, its total debt load hasn't changed much in a year, but it has built up cash from a year of positive cash flow and some well-timed financial moves that make this company look like a completely different beast heading into 2018. This past quarter was a big one for Cleveland-Cliffs, as it reported better-than-expected earnings and a slew of announcements pertinent to 2018. So let's examine the company's most recent earnings announcement to see what we can expect this year.  By the numbers Metric Q4 2017 Q3 2017 Q4 2016 Revenue $600.9 million $698.4 million $754 million Operating income $105.3 million Show less Read more
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