Peabody Energy Announces Results For The Year Ended December 31, 2015
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Clarkson Downgrades Peabody Energy (BTU) to Sell
February 11, 2016 4:03 PM ESTClarkson downgraded Peabody Energy (NYSE: BTU) from Neutral to Sell with a price target of $6.00.
Analyst Jeremy Sussman noted 2016 guidance came in well below their expectations in most key areas, such as volumes & costs, which is especially notable as we are the 2nd... More
Peabody Energy (BTU) Misses Q4 EPS Views; Says in Talks with Debtholders Over Financial Alternatives
February 11, 2016 7:02 AM ESTPeabody Energy (NYSE: BTU) reported Q4 EPS of ($9.27), $0.59 worse than the analyst estimate of ($8.68). Revenue for the quarter came in at $1.31 billion versus the consensus estimate of $1.36 billion.
Core priorities for 2016 include:
Driving continuous improvement in safety, productivity and costs. In 2015, Peabody transformed its operations to respond to difficult market conditions. The company set a new record for safety, with a 13 percent reduction in the global safety incidence rate to 1.25 per 200,000 hours worked for employees and contractors. In the U.S. and Australia, Peabody improved costs by 5 percent and... More