Peabody Energy (BTU) Misses Q1 EPS by 7c

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Peabody Energy Announces Results For The Quarter Ended March 31, 2015

April 23, 2015 8:00 AM EDT

ST. LOUIS, April 23, 2015 /PRNewswire/ -- Peabody Energy (NYSE: BTU) today reported first quarter 2015 revenues of $1.54 billion, leading to Adjusted EBITDA of $165.6 million.  Diluted Loss Per Share from Continuing Operations and Adjusted Diluted EPS totaled $(0.62), including a $0.23 impact related to refinancing the 2016 Senior Notes.

"In the face of market headwinds, Peabody's first quarter performance demonstrates the underlying strength of our business as ongoing cost improvements largely overcame lower coal prices and the impact of hedging," said Peabody Energy President and CEO-Elect Glenn Kellow.  "While our team has made... More