Peabody Energy Corp Beats Third Quarter Estimates

Reuters reported that coal miner Peabody Energy Corp announced that its Q3 profits exceeded analyst’s forecasts.

As quoted in the market report:

The company said it expects full-year adjusted profit of $2.10 to $2.30 per share. Analysts on average were expecting earnings of $1.78 per share, according to Thomson Reuters I/B/E/S.

To view the whole Reuters report, click here.