Peabody Energy (BTU) Expected to Announce Earnings on Thursday

Peabody Energy (NYSE:BTU) will likely be releasing its earnings data before the market opens on Thursday, February 6th. Analysts expect Peabody Energy to post earnings of $0.53 per share and revenue of $1.11 billion for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Peabody Energy (NYSE:BTU) last issued its quarterly earnings results on Thursday, October 31st. The coal producer reported $0.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.58 by $0.16. The business had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.07 billion. Peabody Energy had a return on equity of 14.74% and a net margin of 12.24%. The firm’s quarterly revenue was up .8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.80 earnings per share. On average, analysts expect Peabody Energy to post $3 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Peabody Energy Trading Down 1.1 %

Shares of BTU stock opened at $18.16 on Friday. The stock’s fifty day moving average price is $20.92 and its two-hundred day moving average price is $23.05. The company has a market cap of $2.21 billion, a PE ratio of 4.80 and a beta of 0.99. Peabody Energy has a fifty-two week low of $17.73 and a fifty-two week high of $29.94. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.75 and a current ratio of 2.32.

Analysts Set New Price Targets

A number of brokerages have weighed in on BTU. Jefferies Financial Group reduced their target price on Peabody Energy from $30.00 to $26.00 and set a “buy” rating on the stock in a report on Monday, January 6th. Benchmark raised their target price on Peabody Energy from $28.00 to $30.00 and gave the company a “buy” rating in a report on Friday, November 1st. Finally, BMO Capital Markets raised Peabody Energy from a “market perform” rating to an “outperform” rating and set a $26.00 target price on the stock in a report on Monday, December 16th.

Insider Activity

In related news, CFO Mark Spurbeck sold 10,000 shares of the firm’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $29.52, for a total transaction of $295,200.00. Following the completion of the transaction, the chief financial officer now directly owns 65,710 shares of the company’s stock, valued at $1,939,759.20. This trade represents a 13.21 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.09% of the stock is owned by corporate insiders.

Peabody Energy Company Profile

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.