Peabody Energy Q3 EPS $0.82 Misses $0.99 Estimate, Sales $1.08B Miss $1.10B Estimate
Portfolio Pulse from Benzinga Newsdesk
Peabody Energy reported Q3 earnings of $0.82 per share, missing the analyst consensus estimate of $0.99 by 17.17%. This is a 64.96% decrease from the same period last year. The company also reported quarterly sales of $1.08 billion, missing the estimate of $1.10 billion by 2.00%, a 19.73% decrease from last year.
October 26, 2023 | 12:02 pm
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NEGATIVE IMPACT
Peabody Energy's Q3 earnings and sales missed estimates, marking a significant decrease from the same period last year.
Peabody Energy's earnings and sales fell short of analyst estimates, which is likely to negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
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RELEVANCE 100