earnings
confidence high
sentiment negative
materiality 0.75
Peabody posts Q2 net loss of $90.6M; Adjusted EBITDA falls to $24M from $93M
PEABODY ENERGY CORP
- Net loss of $90.6M ($0.74 diluted EPS) vs $27.6M loss in prior-year quarter; Adjusted EBITDA $24.0M vs $93.3M.
- Issued $250M 0.5% convertible notes due 2031; repurchased $241.2M of 3.25% 2028 notes for $386.8M, effectively repurchasing 5.0M shares.
- Centurion mine targeting 1.5-2.0M tons sales in H2 2026; commissioning activities progressing.
- Revised surety arrangements reduced reclamation cash collateral by ~$350M; revolver capacity increased to $400M.
- Declared quarterly dividend of $0.075 per share, payable Sept 3 to holders of record Aug 12.