Insights into Peabody Energy's Upcoming Earnings

Peabody Energy (NYSE:BTU) is preparing to release its quarterly earnings on Thursday, 2024-10-31. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Peabody Energy to report an earnings per share (EPS) of $0.63.

Anticipation surrounds Peabody Energy's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Historical Earnings Performance

The company's EPS beat by $0.81 in the last quarter, leading to a 2.57% drop in the share price on the following day.

Here's a look at Peabody Energy's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.61

0.31

1.40

0.99

EPS Actual

1.42

0.29

1.33

0.82

Price Change %

-3.0%

2.0%

-3.0%

5.0%

Analysts' Perspectives on Peabody Energy

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Peabody Energy.

The consensus rating for Peabody Energy is Buy, derived from 3 analyst ratings. An average one-year price target of $30.67 implies a potential 23.02% upside.

Peer Ratings Comparison

The analysis below examines the analyst ratings and average 1-year price targets of CONSOL Energy, Alliance Res Partners and Arch Resources, three significant industry players, providing valuable insights ...