Insights into Peabody Energy's Upcoming Earnings
Portfolio Pulse from Benzinga Insights
Peabody Energy (NYSE:BTU) is set to release its quarterly earnings on October 31, 2024. Analysts expect an EPS of $0.63. Despite a previous EPS beat, the stock price dropped, highlighting the importance of guidance. The consensus rating is 'Buy' with a price target of $30.67, indicating a potential 23.02% upside. Peabody Energy's revenue growth lags behind peers, but it has a strong net margin and efficient asset management.
October 30, 2024 | 2:03 pm
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Peabody Energy is expected to report an EPS of $0.63. Despite past EPS beats, stock price reactions have been negative, emphasizing the importance of future guidance. The stock has a 'Buy' rating with a $30.67 price target, suggesting a 23.02% upside.
The upcoming earnings report is crucial for Peabody Energy, with analysts expecting an EPS of $0.63. Despite previous EPS beats, the stock price has reacted negatively, indicating that future guidance will be a key driver for the stock's short-term performance. The 'Buy' rating and price target suggest potential upside, but the market's reaction will depend heavily on the guidance provided.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100