Cleveland-Cliffs Inc. (CLF) - A Closer Look at Earnings Estimates and Zacks Rank

Cleveland-Cliffs Inc. (CLF) has returned -10.3% over the past month, compared to the S&P 500's +0.4% change. The company is expected to post a loss of $0.49 per share for the current quarter, a change of +27.9% from the year-ago quarter. The Zacks Consensus Estimate for the current fiscal year is -$2.37, a year-over-year change of -224.7%. Cleveland-Cliffs is rated Zacks Rank #4 (Sell) due to the recent change in the consensus estimate and other factors related to earnings estimates.