Peabody Energy Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Peabody Energy (NYSE:BTU) will unveil its latest earnings tomorrow, Tuesday, January 29, 2013. Peabody Energy mines steam coal for sale mainly to electric utilities and metallurgical coal for sale to industrial customers.

Peabody Energy Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average analyst estimate is for net income of 26 cents per share, a decline of 80.6% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved down from 28 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 26 cents during the last month. For the year, analysts are projecting profit of $1.97 per share, a decline of 52.8% from last year.

Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 17 cents, reporting net income of 51 cents per share against a mean estimate of profit of 34 cents per share.

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A Look Back: In the third quarter, profit fell 84.3% to $42.9 million (16 cents a share) from $274.1 million ($1 a share) the year earlier, but exceeded analyst expectations. Revenue rose 1.1% to $2.06 billion from $2.04 billion.

Here’s how Peabody Energy traded following its last earnings report 3 months ago and leading up to its upcoming earnings report this week: