Tudor Pickering Downgrades Peabody Energy (BTU) to Accumulate
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Peabody Energy (BTU) Q3 Results Not Viewed as Positive for Space
July 23, 2013 11:33 AM EDTOn Tuesday coal stocks moved higher after Peabody Energy (NYSE: BTU) reported Q3 results that topped estimates. The quarter was described as "messy", and in the view Brean's Lucas Pipes, results are not positive for other U.S. producers.
"Our read on Peabodys results is positive for Peabody, negative for the space as a... More
Peabody Energy Corp. (BTU) Post Q3 Profit Vs. Expected Loss
July 23, 2013 8:06 AM EDTPeabody Energy Corp. (NYSE: BTU) reported Q3 EPS of $0.33, $0.38 better than the analyst estimate of ($0.05). Revenue for the quarter came in at $1.76 billion versus the consensus estimate of $1.83 billion.
"The strength of Peabody's global platform and the significant progress of our cost containment actions helped us overcome a... More
