Peabody Energy Q3 2024 GAAP EPS $0.74 Beats $0.60 Estimate, Sales $1.088B Beat $1.065B Estimate
Portfolio Pulse from Benzinga Newsdesk
Peabody Energy reported Q3 2024 earnings per share of $0.74, surpassing the analyst estimate of $0.60. The company's sales were $1.088 billion, exceeding the expected $1.065 billion and showing a slight increase from last year's $1.079 billion.
October 31, 2024 | 11:52 am
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POSITIVE IMPACT
Peabody Energy's Q3 2024 earnings and sales exceeded analyst expectations, with EPS at $0.74 and sales at $1.088 billion.
Peabody Energy's better-than-expected earnings per share and sales figures are likely to positively impact its stock price in the short term. The EPS beat by 23.33% and sales beat by 2.12% indicate strong performance, which typically boosts investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100