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Wednesday, April 25, 2012

Earning Alert -Cliffs Natural Resources (CLF): Q1 EPS of $2.63. Revenue of $1.3B (+7% Y/Y) in-line- 4/25/12

Cliffs Natural Resources (CLF): Q1 EPS of $2.63. Revenue of $1.3B (+7% Y/Y) in-line.
 
Cliffs Natural Resources (CLF): Q1 revenue grew by 7% Y/Y, driven by higher sales volumes across all of the company's reporting segments. Global iron ore sales volume sets new production record of 8M tons, which was partially offset by higher expenses and lower sales prices. Shares -3.3% AH

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