Cleveland-Cliffs Likely To Report Narrower Q1 Loss

These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Apr. 17, 2026 at 10:37am

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A high-end, photorealistic studio still-life photograph featuring a stack of polished steel ingots on a clean, grey background, conceptually representing the financial performance and market position of a major steel producer.Cleveland-Cliffs' narrower expected Q1 loss signals improving conditions in the steel industry.Cleveland Today

Cleveland-Cliffs Inc. (NYSE:CLF) will release earnings for its first quarter before the opening bell on Monday, April 20. Analysts expect the Cleveland, Ohio-based company to report a quarterly loss of 41 cents per share, versus a loss of 92 cents per share in the year-ago period. The consensus estimate for Regions Financial's quarterly revenue is $4.79 billion.

Why it matters

Cleveland-Cliffs is a major steel producer, and its quarterly earnings are closely watched as an indicator of the broader steel industry's performance. The company's narrower expected loss suggests improving market conditions, which could have implications for other steel manufacturers and related businesses.

The details

On Feb. 9, Cleveland-Cliffs reported mixed fourth-quarter financial results. The company's shares rose 0.6% to close at $9.72 on Thursday. Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page, where they can sort by stock ticker, company name, analyst firm, rating change or other variables.

  • Cleveland-Cliffs will release Q1 earnings on April 20.

The players

Cleveland-Cliffs Inc.

A major steel producer based in Cleveland, Ohio.

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The takeaway

The narrower expected loss for Cleveland-Cliffs' Q1 earnings suggests improving market conditions in the steel industry, which could have positive implications for the company and its competitors.