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CLF

Cliffs Natural Resources Inc.

$14.8

Earnings Summary

Revenue
$5199Mn
Net Profits
$-67Mn
Net Profit Margins
-1.29%
PE Ratio
19.56

Highlights

Revenue:

Cliffs Natural Resources Inc.’s revenue fell -1.81% since last year same period to $5199Mn in the Q1 2024. On a quarterly growth basis, Cliffs Natural Resources Inc. has generated 1.7% jump in its revenue since last 3-months.

Net Profits:

Cliffs Natural Resources Inc.’s net profit fell -55.81% since last year same period to $-67Mn in the Q1 2024. On a quarterly growth basis, Cliffs Natural Resources Inc. has generated 56.77% jump in its net profits since last 3-months.

Net Profit Margins:

Cliffs Natural Resources Inc.’s net profit margin fell -58.69% since last year same period to -1.29% in the Q1 2024. On a quarterly growth basis, Cliffs Natural Resources Inc. has generated 57.5% jump in its net profit margins since last 3-months.

PE Ratio:

Cliffs Natural Resources Inc.’s price-to-earnings ratio after this Q1 2024 earnings stands at 19.56.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Cliffs Natural Resources Inc. post its latest quarter earnings

EPS Estimate Current Quarter
0.05
EPS Estimate Current Year
0.05

Highlights

EPS Estimate Current Quarter:

Cliffs Natural Resources Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.05 - a -77.27% fall from last quarter’s estimates.

EPS Estimate Current Year:

Cliffs Natural Resources Inc.’s earning per share (EPS) estimates for the current year stand at 0.05.

Key Ratios

Key ratios of the Cliffs Natural Resources Inc. post its Q1 2024 earnings

Earning Per Share (EPS)
0.18
Return on Assets (ROA)
0.04
Return on Equity (ROE)
0.06

Highlights

Earning Per Share (EPS):

Cliffs Natural Resources Inc.’s earning per share (EPS) jumped 263.64% since last year same period to 0.18 in the Q1 2024. This indicates that the Cliffs Natural Resources Inc. has generated 263.64% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Cliffs Natural Resources Inc.’s return on assets (ROA) stands at 0.04.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Cliffs Natural Resources Inc.’s return on equity (ROE) stands at 0.06.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-04-25
0.22
0.18
-18.18%