Peabody Energy (BTU) PT Lowered to $43 at Jefferies
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Peabody Reports Earnings For Quarter And Year Ended December 31, 2018
February 6, 2019 7:59 AM ESTST. LOUIS, Feb. 6, 2019 /PRNewswire/ --Â Peabody (NYSE: BTU) today announced its fourth quarter 2018 operating results, including revenues of $1.40 billion, income from continuing operations, net of income taxes of $233.5 million, net income attributable to common stockholders of $252.6 million, diluted earnings per share from continuing operations of $1.97 and Adjusted EBITDA1Â of $273.7 million.
"Peabody concluded 2018 with strong company-wide Adjusted EBITDA margins of approximately 25 percent for the full year, successful completion of what we believe to be a highly accretive acquisition, robust cash flows and share buybacks that have now surpassed $1 billion more than 25 percent... More
