Peabody Energy (BTU) Misses Q4 EPS by $1.87; Revenues Beat
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Peabody Reports Earnings For Quarter And Year Ended December 31, 2019
February 5, 2020 7:59 AM ESTST. LOUIS, Feb. 5, 2020 /PRNewswire/ -- Peabody (NYSE: BTU) today announced its fourth quarter 2019 operating results, including revenues of $1.12 billion; loss from continuing operations, net of income taxes of $290.2 million; net loss attributable to common stockholders of $289.8 million; diluted loss per share from continuing operations of $3.12; and Adjusted EBITDA1Â of $204.9 million.Â
"During the fourth quarter, Peabody made a number of operational improvements in Australia, reduced costs in four of five operating segments, opportunistically repurchased bonds to reduce debt, generated substantial cash from commercial settlements and progressed the regulatory process for the... More
