Why Peabody Energy Stock Wilted on Wednesday
The coal company published its second-quarter results.
Overview
On a mixed Wednesday for U.S. stocks, one of the less impressive performers was Peabody Energy (NYSE: BTU). The veteran coal company took a more than 10% hit to its share price across that trading session after it published a dispiriting quarterly earnings report.
Peabody's second-quarter revenue was $1 billion, an improvement over the $890 million in the same period of 2025. On the downside, the company's attributable net loss deepened considerably, to $90.6 million ($0.74 per share) from the year-ago deficit of $27.6 million.
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Details
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.