Cleveland-Cliffs (NYSE: CLF) is scheduled to release its quarterly earnings report on Monday, February 9, 2026. Analysts expect the company to report an earnings per share (EPS) of -$0.62 for the quarter. The stock was trading at $13.85 as of February 5, reflecting a 21.37% increase over the past year.
In the previous quarter, Cleveland-Cliffs reported an EPS of -$0.45, slightly beating estimates, but the stock price declined by over 17% the following day. Analyst consensus currently rates the stock as Neutral, with an average price target of $12.50, implying a potential downside of nearly 10%.
**Why this matters**
The upcoming earnings report will provide investors with updated financial results and guidance, which could influence the stock’s direction. Given recent volatility following earnings announcements, market reaction may hinge on how actual results compare to expectations and the company’s outlook for the next quarter. Understanding these factors is important for both current and prospective shareholders.
Source: NewsData