Peabody Energy Q2 2024 Adj EPS $1.42 Beats $0.61 Estimate
Portfolio Pulse from Benzinga Newsdesk
Peabody Energy (NYSE:BTU) reported Q2 2024 adjusted earnings per share (EPS) of $1.42, significantly surpassing the analyst consensus estimate of $0.61 by 132.79%.
August 01, 2024 | 12:00 pm
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POSITIVE IMPACT
Peabody Energy reported Q2 2024 adjusted EPS of $1.42, beating the analyst estimate of $0.61 by 132.79%. This significant earnings beat is likely to positively impact the stock price in the short term.
The substantial earnings beat indicates strong financial performance, which is likely to boost investor confidence and drive the stock price higher in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100