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CLFCleveland-Cliffs Inc.Sell5.0·$12.12

Cleveland-Cliffs (CLF) Q3 2026 earnings — TrendMatrix coverage

IN LINEEPS — vs $0.24 estCurrent verdict Sell 5.0/10

Reported

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure

Event detail · Q3 2026

Key numbers

Adjusted EPS
—
Estimate
$0.24
Surprise
—
Score today
5.0/10

Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.

Around the report

Coverage in the report window

  • Cleveland-Cliffs Q3 Adj. EPS $0.28 Beats $0.19 Estimate, Sales $5.612B Miss $5.724B Estimate — benzinga, 2026-10-19
  • Nasdaq Tumbles Over 2%, Records Weekly Loss: Investor Sentiment Weakens, Fear & Greed Index Moves to ‘Extreme Fear’ Zone — benzinga, 2026-10-19
  • Fifth Third Bancorp, Cleveland-Cliffs and 3 Stocks to Watch Heading Into Monday — benzinga, 2026-10-19
Current read · as of 2026-10-19

Where TrendMatrix's rating stands now

TrendMatrix currently rates CLF Sell at 5.0/10; no pre/post engine snapshot brackets this report.

3 of the last 4 quarters beat the estimate.

What argues against it

  • Target reached (-9.6% upside)
  • Quality below floor (2.1 < 4.0)
  • Negative risk/reward — downside exceeds upside

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current engine read

The levels TrendMatrix's engine tracks

Current price
$12.12
Stop
$11.27

Model outputs from TrendMatrix’s engine as of 2026-10-19 — shown for context, not personalized investment advice.

Basic Materials context

CLF at TrendMatrix's latest read

Materials producers report against the commodity cycle — realized-price capture and volume, not the EPS line, are the tells in a quarter like this.

Industry
Steel
Market cap
$6.91B
P/E (fwd)
12.8
52-week range
$7.73–$16.70
Off 52-week high
27.4%
RSI (14)
62
Volume vs avg
1.38×
Score today
5.0/10

EPS and the estimate come from Yahoo Finance’s earnings calendar, captured around the report date. That EPS is the adjusted figure analysts forecast, so it can differ from the GAAP diluted EPS in the company’s filing, and consensus estimates vary between data providers. Revenue comes from SEC XBRL company facts where available, yfinance-provisional otherwise. Not a buy/sell rating, a price target, or investment advice — see the current verdict on the stock’s main page for TrendMatrix’s live read.

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