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Stock impact report

Peabody Energy (BTU) Issues Details of Q1 Earnings Results [Yahoo! Finance]

Peabody Energy Corporation (BTU) 
Last peabody energy corporation earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
The company expects its first-quarter revenues to be $980 million, while the Zacks Consensus Estimate for the same is pegged at $1.01 billion. Peabody expects its income from continuing operations, net of income taxes, of $45 million and adjusted EBITDA of $160 million. Q1 Shipment Details Peabody mentioned that its seaborne segment shipment volumes are in line with expectations, while the U.S. thermal segments reported lower-than-expected shipments. The seaborne thermal segment shipped 4.0 million tons (including 2.5 million export tons), the seaborne met segment shipped 1.4 million tons, the PRB segment shipped 18.7 million tons, and the Other U.S. thermal segment shipped 3.2 million tons. First-quarter export volumes were impacted by lower production at Wambo due to an extended longwall ramp-up, lower average realized prices in the seaborne metallurgical coal segment, lower U.S. thermal volumes due to unseasonably warm weather and continued low natural gas prices and higher t Show less Read more
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