Peabody Energy Q2 EPS $1.16 Misses $1.72 Estimate, Sales $1.27B Miss $1.29B Estimate
Portfolio Pulse from Benzinga Newsdesk
Peabody Energy reported Q2 earnings of $1.16 per share, missing the analyst consensus estimate of $1.72 by 32.56%. This is a 54.51% decrease from the same period last year. The company also reported quarterly sales of $1.27 billion, missing the analyst consensus estimate of $1.29 billion by 1.63%. This is a 4.01% decrease from the same period last year.
July 27, 2023 | 11:59 am
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NEGATIVE IMPACT
Peabody Energy's Q2 earnings and sales missed estimates, with a significant YoY decrease. This could negatively impact the company's stock price.
Peabody Energy's earnings and sales for Q2 have both missed estimates, and have decreased significantly compared to the same period last year. This could lead to a decrease in investor confidence and a potential drop in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100