Peabody Energy (BTU) Tops Q1 EPS by 86c

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Peabody Reports Earnings For Quarter Ended March 31, 2019

May 1, 2019 7:59 AM EDT

ST. LOUIS, May 1, 2019 /PRNewswire/ -- Peabody (NYSE: BTU) today announced its first quarter 2019 operating results, including revenues of $1.25 billion; income from continuing operations, net of income taxes of $133.3 million; net income attributable to common stockholders of $124.2 million; diluted earnings per share from continuing operations of $1.15; and Adjusted EBITDA1 of $253.9 million. 

"Peabody's first quarter was notable for the leading performance by our new Shoal Creek Mine, significant margins in the seaborne thermal business and recognition of maximum North Goonyella insurance recoveries, which combined, overcame an unusual set of first quarter challenges... More