Cliffs Natural Resources Q1 2016 Earnings Preview: Decline In Iron Ore Prices To Negatively Impact Results
We expect Cliffs’ Q1 earnings to deteriorate on a year-over-year basis due to the decline in iron ore prices over the course of the last year. Lower average iron ore prices in 2016, as reflected by our revenue per ton estimates for Cliffs’ two divisions, will negatively impact the division’s results in Q1.
Have more questions about Cliffs Natural Resources? See the links below.
- What Is Cliffs Natural Resources’ Fundamental Value Based On 2015 Results?
- What Is Cliffs Natural Resources’ Revenue And EBITDA Breakdown?
- How Has Cliffs Natural Resources’ Revenue Composition Changed Over The Last 5 Years?
- By What Percentage Did Cliffs Natural Resources’ Revenue & EBITDA Decline Over The Last 5 Years?
- By What Percentage Can Cliffs Natural Resources’ Revenue & EBITDA Change Over The Next 3 Years?
- How Will Cliffs Natural Resources’ Revenue Composition Change by 2020?
- How Do Cliffs Natural Resources’ Margins Compare With Those Of Iron Ore Mining Giants Such As Rio Tinto And Vale?
- What’s New With Cleveland-Cliffs Stock?
- What’s Happening With Cleveland-Cliffs Stock?
- Why We Are Raising Our Price Estimate For Cleveland-Cliffs Despite A Weak Q4
- With Contracted Prices For 2023 Up, Is Cleveland-Cliffs Stock A Buy?
- Company Of The Day: Cleveland-Cliffs
- What To Expect From Cleveland-Cliffs Q3 Results?
Notes:
See More at Trefis | View Interactive Institutional Research (Powered by Trefis)