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Peabody Energy Shares Rise After Q2 Earnings Increase; Maintains Quarterly Dividend
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Peabody Energy Shares Rise After Q2 Earnings Increase; Maintains Quarterly Dividend
Aug 1, 2024 7:53 AM

10:30 AM EDT, 08/01/2024 (MT Newswires) -- Peabody Energy ( BTU ) shares were up about 2% in recent trading on Thursday after the company reported Q2 earnings of $1.42 per diluted share, up from $1.15 a year earlier.

Analysts polled by Capital IQ expected $0.60.

Revenue for the quarter ended June 30 was $1.04 billion, down from $1.27 billion a year ago.

Analysts surveyed by Capital IQ expected $1.01 billion.

The company's board kept the quarterly dividend at $0.075, payable on Sept. 4 to shareholders of record on Aug. 15.

Price: 22.61, Change: +0.40, Percent Change: +1.80

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