Peabody Energy (BTU) Misses Q2 EPS by 11c

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Peabody Reports Earnings For Quarter Ended June 30, 2018

July 24, 2018 7:59 AM EDT

ST. LOUIS, July 24, 2018 /PRNewswire/ -- Peabody (NYSE: BTU) today announced its second quarter 2018 operating results, including revenues of $1.31 billion, income from continuing operations, net of income taxes of $120.0 million, net income attributable to common stockholders of $113.7 million, diluted earnings per share from continuing operations of $0.93 and Adjusted EBITDA1 of $369.6 million. 

"Peabody's diversified portfolio continues to generate substantial returns, led by 39 percent margins from the company's Australian platform, as we capitalize on continued strength in seaborne metallurgical and thermal coal fundamentals," said Peabody President and Chief Executive Officer Glenn Kellow. ... More