Peabody Energy (BTU) Misses Q3 EPS by 54c

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Peabody Reports Results For Quarter Ended September 30, 2021

October 28, 2021 7:58 AM EDT

ST. LOUIS, Oct. 28, 2021 /PRNewswire/ -- Peabody (NYSE: BTU) today announced its third quarter 2021 operating results, including revenues of $679.0 million, net of $238 million of unrealized mark-to-market losses related to forward pricing hedges; net loss attributable to common stockholders of $44.2 million; diluted loss per share from continuing operations of $0.60; and Adjusted EBITDA[1] of $289.1 million.  During the quarter, the company retired an additional $93 million of senior secured debt and retired an additional $30 million after September 30, 2021, resulting in approximately $250 million of debt retirements year to date, more than 16% of debt outstanding at the start of... More