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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