Earnings Volatility Drives Cliffs Natural Resources and These Stocks in a New Direction

Cliffs Natural Resources Inc. (NYSE:CLF) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share decreased 49.69% to $0.82 in the quarter versus EPS of $1.63 in the year-earlier quarter. Revenue Decreased 8.46% to $1.49 billion from the year-earlier quarter.

Cliffs Natural Resources Inc. reported adjusted EPS income of $0.82 per share. By that measure, the company beat the mean analyst estimate of $0.61. It beat the average revenue estimate of $1.41 billion.

CLF

Olin Corp. (NYSE:OLN) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Adjusted Earnings Per Share decreased 8.47% to $0.54 in the quarter versus EPS of $0.59 in the year-earlier quarter. Revenue Rose 28.21% to $652.2 million from the year-earlier quarter.

Olin Corp. reported adjusted EPS income of $0.54 per share. By that measure, the company beat the mean analyst estimate of $0.52. It missed the average revenue estimate of $660.07 million.

OLN

Graphic Packaging Holding Company (NYSE:GPK) delivered a profit and met Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share increased 18.18% to $0.13 in the quarter versus EPS of $0.11 in the year-earlier quarter. Revenue Rose 2.5% to $1.14 billion from the year-earlier quarter.

Graphic Packaging Holding Company reported adjusted EPS income of $0.13 per share. By that measure, the company missed the mean analyst estimate of $0.13. It missed the average revenue estimate of $1.17 billion.

GPK

Bemis Company, Inc. (NYSE:BMS) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Adjusted Earnings Per Share increased 12.96% to $0.61 in the quarter versus EPS of $0.54 in the year-earlier quarter. Revenue Decreased 1.19% to $1.3 billion from the year-earlier quarter.

Bemis Company, Inc. reported adjusted EPS income of $0.61 per share. By that measure, the company beat the mean analyst estimate of $0.59. It missed the average revenue estimate of $1.32 billion.

BMS

SunCoke Energy, Inc (NYSE:SXC) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share decreased 75% to $0.08 in the quarter versus EPS of $0.32 in the year-earlier quarter. Revenue Decreased 12.41% to $403.7 million from the year-earlier quarter.

SunCoke Energy, Inc reported adjusted EPS income of $0.08 per share. By that measure, the company missed the mean analyst estimate of $0.09. It missed the average revenue estimate of $431.75 million.

SXC

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