Peabody Q1 net income $268.5M ($1.68/sh); initiates $1B buyback; dividend $0.075

PEABODY ENERGY CORP

2023-Q1 EPS reported $1.68 revenue$1,364,000,000

Net income of $268.5M ($1.68 diluted EPS) vs net loss of $119.5M ($0.88) in Q1 2022.
Adjusted EBITDA of $390.6M, up ~20% YoY from $327.5M; operating cash flow $386M.
Initiated $1.0B share repurchase authorization as part of shareholder return program.
Quarterly dividend of $0.075/share declared, payable May 31, 2023 to holders of record May 11, 2023.
Pre-funded all long-term mine closure obligations; eliminated bank letter of credit facility.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

PEABODY ENERGY CORP reported the first quarter of 2023 results: net income $268.5 million, or $1.68 per diluted share, EPS $1.68 per diluted share.

Period: the first quarter of 2023
Net income: $268.5 million, or $1.68 per diluted share
EPS: $1.68 per diluted share
Result: reported results

Exact text from the filing

On April 27, 2023, Peabody Energy Corporation (“Peabody” or the “Company”) issued a press release setting forth Peabody’s first quarter 2023 financial results and providing guidance on selected second quarter and full-year 2023 targets.

View on SEC.gov

Browse all earnings releases →

PEABODY ENERGY CORP filing history →

Source: SEC EDGAR

accession 0001064728-23-000039

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.