Peabody Energy Earnings Preview: Analysts Expect Rising Revenue

Get ready for Peabody Energy BTU earnings! Don't be the last to know: The company announces its next round of earnings this Tuesday, July 19, 2011.

Wondering what to expect from this Tuesday's announcement? Don't worry. Here's your essential guide to Peabody Energy's second quarter earnings report.

Let's Do the Numbers:

Ahead of the company's earnings announcement, analysts are expecting a positive EPS reading of $1.05 per share and revenues of $2.02 billion. We'll have to wait for Tuesday to see if Peabody Energy has accomplished the estimated 115% rise in EPS and 122% increase in revenues on a year-over-year basis.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q1 Q4 Q3 Q2
EPS Estimate 60 cents 70 cents 91 cents 64 cents
EPS Actual 67 cents 85 cents 99 cents 69 cents

Stock Performance:

Shares of Peabody Energy were trading at $58.77 as of July 13, 2011. Shares are down 7.9% year to date.

Average Stock Rating:

The average rating by analysts for Peabody Energy is a Moderate Buy. This rating has strengthened slightly over the past ninety days.

Industry:

The coal company's industry has seen price/earnings growth of 2.3% during the current fiscal year.

Finally, a description of the main business areas of the company, in case you need a little refresher: Peabody Energy mines steam coal for sale mainly to electric utilities and metallurgical coal for sale to industrial customers.

Take Action:

Now that you have reviewed all the numbers, be ready to move if the upcoming Peabody Energy earnings report has any surprises. Also, come back to Benzinga after the announcement for a full recap and a guide to your next steps.

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Posted In: EarningsNewsPreviewsTrading IdeasCoal & Consumable FuelsEnergy
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