Peabody Energy (BTU) Set to Announce Quarterly Earnings on Thursday

Peabody Energy (NYSE:BTU) is set to post its quarterly earnings results before the market opens on Thursday, October 31st. Analysts expect Peabody Energy to post earnings of $0.60 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Peabody Energy (NYSE:BTU) last announced its earnings results on Thursday, August 1st. The coal producer reported $1.43 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.90. The firm had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1 billion. Peabody Energy had a return on equity of 15.35% and a net margin of 12.69%. On average, analysts expect Peabody Energy to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Peabody Energy Stock Performance

Shares of NYSE BTU opened at $24.35 on Thursday. Peabody Energy has a 12 month low of $20.21 and a 12 month high of $27.24. The company has a quick ratio of 1.92, a current ratio of 2.49 and a debt-to-equity ratio of 0.09. The company has a market cap of $3.10 billion, a P/E ratio of 6.78 and a beta of 0.96. The business’s 50 day moving average is $23.93 and its two-hundred day moving average is $23.25.

Peabody Energy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 4th. Investors of record on Thursday, August 15th were paid a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a yield of 1.23%. The ex-dividend date of this dividend was Thursday, August 15th. Peabody Energy’s payout ratio is currently 8.36%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on BTU shares. B. Riley boosted their price objective on shares of Peabody Energy from $32.00 to $34.00 and gave the stock a “buy” rating in a report on Tuesday, September 17th. BMO Capital Markets boosted their price target on Peabody Energy from $25.00 to $26.00 and gave the company a “market perform” rating in a research note on Thursday, October 10th.

About Peabody Energy

Peabody Energy Corporation engages in coal mining business in the United States, Japan, Taiwan, Australia, India, Brazil, Belgium, Chile, France, Indonesia, China, Vietnam, South Korea, Germany, and internationally. The company operates through Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, Other U.S.