Cleveland-Cliffs Inc. (NYSE: CLF) shares are trading lower in Monday's after-hours session on the heels of the company's fourth-quarter earnings report. Here's an overview of the details.
What To Know: Cleveland-Cliffs reported quarterly adjusted losses of five cents per share, falling short of analyst expectations of losses of four cents by 25%.
The company reported quarterly sales of $5.11 billion, missing the Street's estimate of $5.15 billion, a 1.35% increase over sales of $5.04 billion from the same period last year.
Fourth-quarter steel product volume of 4.03 million net tons increased 5% compared to 3.83 ...