Peabody Reports Earnings For Quarter Ended March 31, 2020
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Peabody Energy (BTU) Misses Q1 EPS by 30c, Revenues Beat; Suspends FY20 Guidance
April 29, 2020 8:05 AM EDTPeabody Energy (NYSE: BTU) reported Q1 EPS of ($1.31), $0.30 worse than the analyst estimate of ($1.01). Revenue for the quarter came in at $846.2 million versus the consensus estimate of $830.97 million.
"During this time of great global concern and economic uncertainty, we are continually working to safeguard our people, communities and business as we pursue actions to confront near-term headwinds and best position our company for the future," said President and Chief Executive Officer Glenn Kellow. "In recent months, we have taken aggressive actions to improve our cost structure, and are now expediting a detailed mine-by-mine analysis... More
