Cleveland Cliffs
CLF----
Q2 FY2026 EarningsQ2 FY26 revenue reached $5.2B, up 6.12% QoQ and 5.92% YoY. Adjusted EBITDA tripled QoQ to $286M, driven by improved average selling prices ($1,124/ton) and cost controls. Despite a GAAP net loss of $134M, the company returned to positive operating cash flow of $230M. Management projects Q3 Adjusted EBITDA to double to approximately $575M as automotive volumes and utilization rates rise.
Financial report interval: 2026.03.30 - 2026.06.30
Preview: Cleveland Cliffs(CLF) predict that the Revenue is 5.226 B (+5.92%), Beat estimate;the EBIT is -49 M (+90.16%), Beat estimate;the EPS is -0.25 (+74.23%), Miss estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
5.23B5.92%
5.14B4.16%
+0.09B1.76%
EBITExceed expectations
-0.05B90.16%
-0.05B89.56%
+0.00B0.60%
EPSMiss expectations
-0.2574.23%
-0.181181.33%
-0.06897.10%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf