Peabody Reports Earnings For Quarter Ended June 30, 2020

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Peabody Energy (BTU) Reports Q2 Revenues Miss

August 5, 2020 8:01 AM EDT

Peabody Energy (NYSE: BTU) reported Q2 revenue for the quarter came in at $626.7 million versus the consensus estimate of $697 million.

"Over the past quarter, we have remained committed to the health and safety of our employees and communities in which we operate, while also taking further action to improve our cost structure," said President and Chief Executive Officer Glenn Kellow. "Our U.S. thermal operations have done a tremendous job of adapting to significantly lower demand, while our seaborne operations have remained pressured by the economic impacts of... More