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Relatively Low Projected Earnings Growth Detected in Shares of Cleveland-Cliffs Inc in the Steel Industry (CLF, RS, SXC, ZEUS, NUE)

By Shiri Gupta

Below are the three companies in the Steel industry with the lowest projected earnings growth. The growth of earnings per share (current fiscal year estimated vs. last year actual) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.

Cleveland-Cliffs Inc ranks lowest with a projected earnings growth of 9.0%. Reliance Steel is next with a projected earnings growth of 55.6%. Suncoke Energy I ranks third lowest with a projected earnings growth of 62.3%.

Olympic Steel follows with a projected earnings growth of 63.6%, and Nucor Corp rounds out the bottom five with a projected earnings growth of 69.3%.

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Keywords: lowest projected earnings growth :clf cleveland-cliffs inc Reliance Steel suncoke energy i olympic steel nucor corp

Ticker(s): RS SXC ZEUS NUE