Peabody Energy (BTU) Misses Q4 EPS Views; Says in Talks with Debtholders Over Financial Alternatives
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Peabody Energy Announces Results For The Year Ended December 31, 2015
February 11, 2016 7:01 AM ESTST. LOUIS, Feb. 11, 2016 /PRNewswire/ -- Peabody Energy (NYSE: BTU) today reported full-year 2015 revenues of $5.61 billion. Adjusted EBITDA totaled $434.6 million, which includes $23.5 million in restructuring charges related to reductions in corporate and regional staff and Australian Mining Operations. Full-year Adjusted EBITDA excludes the impact of $1.28 billion in charges related to asset impairments. Diluted Loss Per Share from Continuing Operations totaled $(102.62) and Adjusted Diluted EPS totaled $(36.39).
"Against a brutal industry backdrop, the Peabody team delivered a strong operating performance as we improved safety, achieved over $620 million in lower costs, further reduced capital,... More
