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via gurufocus.comBusiness & Companies

Cleveland-Cliffs: adjusted EBITDA more than doubles to USD 612 million in Q3 2026

FROM THE WIRE · GURUFOCUS.COM

Adjusted EBITDA: $612 million in Q3 2026, more than double the $286 million in Q2; guidance of $715 million for Q4 2026; path to more than $4 billion in 2027.St

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishThe sharp EBITDA rise and Q4 guidance may support the stock in the steel sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Adjusted EBITDA rose to USD 612 million in Q3 2026 from USD 286 million in Q2.
  2. 02Q4 2026 guidance is USD 715 million.
  3. 03Management targets more than USD 4 billion in 2027, with contract renewals.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Cleveland-Cliffs Inc.CLFStock14.10 USDMarket closedtoday +16.34%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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