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DewDiligence

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DewDiligence

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Re: DewDiligence post# 16907

Friday, 10/19/2018 9:35:03 AM

Friday, October 19, 2018 9:35:03 AM

Post# of 30494
CLF 3Q18 results—new $0.20/sh annualized dividend:

http://www.clevelandcliffs.com/English/news-center/news-releases/news-releases-details/2018/Cleveland-Cliffs-Inc-Reports-Third-Quarter-2018-Results-and-Initiates-Quarterly-Cash-Dividend/default.aspx

3Q18 GAAP EPS = $1.41.

Guidance for 2018 full-year production (which was boosted 3 months ago: #msg-143921098) is unchanged at 21 long tons.

The stock is -9% as I’m typing—a reversal from the gain during PM trading.

CC at 10am ET.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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