Cleveland-Cliffs Reports Q3 Revenue of $5.6B, Net Income of $165M
Cleveland-Cliffs reported third-quarter 2026 GAAP diluted EPS of $0.26. Adjusted EBITDA was $612 million and adjusted diluted EPS was $0.28.
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11:07:52 AM UTC
SquawkNews
By Al RootSteel maker Cleveland-Cliffs sees good times getting better next year, with help from tariffs.Cliffs on Monday reported third-quarter earnings before interest, taxes, depreciation, and amortization (Ebitda) of $612 million from sales of $5.6 billion. Wall Street was looking for Ebitda of…
Cleveland-Cliffs reported third-quarter 2026 consolidated revenue of 5.6 billion and GAAP net income of 165 million, equal to 0.26 per diluted share. Adjusted EBITDA was 612 million, and adjusted diluted EPS was 0.28 for the quarter. Liquidity stood at 3.2 billion as of Sep…