Peabody reports Q1 EPS (26c), consensus 7c

Reports Q1 revenue $973.3M, consensus $966.75M. Reports Q1 Adjusted EBITDA $82.5M.”Amid volatility in global energy markets, our thermal segments benefited from strong demand and higher realized pricing,” said President and CEO Jim Grech. “While we have extended the Centurion commissioning period, due to temporary equipment and roof control challenges, we continue to advance toward full longwall production rates. Our first quarter results demonstrate the value of our diverse global platform and reflect the durability of coal’s role in providing reliable and affordable power.”