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Forbes reported that Peabody Energy (NYSE:BTU) cut its projected earnings, citing bad weather in Australia.
Forbes reported that Peabody Energy (NYSE:BTU) cut its projected earnings, citing bad weather in Australia.
As quoted in the market news:
In a press release, Peabody announced it expects first quarter financial results to fall toward the low end of their original guidance. The company expects to earn 50 to 75 cents per share and EBITDA to come in between $500 and $600 million.
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