Peabody Energy (BTU) Tops Q3 EPS by 26c, Revenues Miss

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Peabody Reports Earnings For Quarter Ended September 30, 2020

November 9, 2020 7:59 AM EST

ST. LOUIS, Nov. 9, 2020 /PRNewswire/ -- Peabody (NYSE: BTU) today announced its third quarter 2020 operating results, including revenues of $671.0 million; loss from continuing operations, net of income taxes of $64.8 million; net loss attributable to common stockholders of $67.2 million; diluted loss per share from continuing operations of $0.66; and Adjusted EBITDA1 of $95.4 million. 

"Peabody drove strong cost performance within our thermal segments during the third quarter, including record-low PRB costs per ton," said President and Chief Executive Officer Glenn Kellow. "We have had a number of achievements across the portfolio and look to... More