Peabody Earnings

1 decade 1 year 3 months ago Thursday, January 25 2007 Jan 25, 2007 Thursday, January 25, 2007 2:12:54 PM CST January 25, 2007 in News
Source: (Copyright 2007 The Associated Press All Rights Reserved.)
ST. LOUIS (AP) - Peabody Energy's profits rise 7.9% in the fourth quarter as strong international coal sales offset soft demand due to warmer weather in the U.S. St. Louis based Peabody earned $175 million, or 65 cents per diluted share, in the quarter ending December 31st. That is up from earnings of $162.2 million dollars, or 60 cents per diluted share, in the fourth quarter of 2005. For the full year, Peabody earnings rose 45% to nearly $601 million. The results beat Wall Street expectations, but Peabody shares were down 2.5% in midday trading on the New York Stock Exchange.

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