Peabody Energy 2Q Earnings Pregame Scorecard
Last quarter Peabody Energy (NYSE:BTU) beat estimates by 11 cents per share and it is up again on Tuesday, July 24, 2012.
Expectations
Analysts 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 Movement
In 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 Trends
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 Results
In 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.
Summary
Reporting 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)