Peabody estimates Q1 2024 revenue of $980M and Adjusted EBITDA of $160M

PEABODY ENERGY CORP

2024-Q1 EPS reported $0.29 revenue$983,600,000

Preliminary Q1 income from continuing ops of $45M; actual results due May 2.
Seaborne met shipments 1.4M tons; PRB shipments 18.7M tons; seaborne thermal 4.0M tons.
Challenges: Wambo longwall ramp-up, weak met coal price relativities, CMJV dragline outage.
Unfavorable seaborne thermal mix and lower US thermal volumes due to warm weather/gas prices.
Non-cash $18M remeasurement loss on AUD-denominated monetary assets.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

PEABODY ENERGY CORP reported the first quarter of 2024 results: revenue $980 million, net income $45 million.

Period: the first quarter of 2024
Revenue: $980 million
Net income: $45 million
Result: preliminary results

Exact text from the filing

the company expects to report first quarter revenue of $980 million; income from continuing operations, net of income taxes of $45 million

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Source: SEC EDGAR

accession 0001064728-24-000071

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