Last quarter Peabody Energy (BTU) beat estimates by 11 cents per share and it is up again on Tuesday, July 24, 2012.
ExpectationsAnalysts currently expect Peabody Energy to come in with earnings of 53 cents per share on revenues of $2.06 billion. Estimates from analysts range from 39 cents per share to 64 cents per share. Over the past two months, the average estimate has moved down from 54 cents.
Stock MovementIn terms of price changes, the stock's best recent streak was when it gained $3.40 per share between June 26, 2012 and June 29, 2012. Looking at change over the last three months, April 23, 2012 and July 18, 2012, the stock price fell $6.86 (-23.1%), from $29.65 to $22.79.
Company Fundamental TrendsIn the aftermarth of a profit drop last quarter that a positive string of results, the company is looking to get back on track with this earnings announcement. Before falling in the first quarter, revenue rose 38.1% in the second quarter of the last fiscal year, 22.3% in the third quarter of the last fiscal year and 5.9% in the fourth quarter of the last fiscal year. On the top line, the company is looking to build on four-straight revenue increases heading into this earnings announcement. Revenue rose 20.9% in the second quarter of the last fiscal year, 9.2% in the third quarter of the last fiscal year and 20.2% in the fourth quarter of the last fiscal year before increasing again in the first quarter. Stock Ratings
Analysts are bullish on the stock as 19 analysts rate it as a buy and only one analyst rate it as a sell. Analyst sentiment has been waning recently, as the average rating has dropped slightly over the past three months.
Last Quarter's ResultsIn the first quarter, profit fell 2.2% to $172.7 million (63 cents a share) from $176.5 million (65 cents a share) the year earlier, but exceeded analyst expectations. Revenue rose 16.8% to $2.04 billion from $1.74 billion.
SummaryReporting Period: 2Q
Date of Release: Tuesday, July 24, 2012 before market open
EPS: 53 cents
Revenue Estimate: $2.06 billion
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)








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