* Peabody Energy Corp reported quarterly adjusted earnings of 29 cents per share for the quarter ended in March, lower than the same quarter last year, when the company reported EPS of $1.68. The mean expectation of four analysts for the quarter was for earnings of 31 cents per share. Wall Street expected results to range from 30 cents to 32 cents per share.
* Revenue fell 27.9% to $983.60 million from a year ago; analysts expected $991.07 million.
* Peabody Energy Corp's reported EPS for the quarter was 29 cents.
* The company reported quarterly net income of $39.6 million.
* Peabody Energy Corp shares had fallen by 11.6% this quarter and lost 11.8% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 79.1% in the last three months.
* In the last 30 days, four analysts negatively revised earnings estimates
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the coal peer group is also "buy"
Wall Street's median 12-month price target for Peabody Energy Corp is $28.00 This summary was machine generated from LSEG data May 2 at 04:24 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Mar. 31 2024 0.31 0.29 Missed
Dec. 31 2023 1.40 1.33 Missed
Sep. 30 2023 0.99 0.82 Missed
Jun. 30 2023 1.72 1.15 Missed
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