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Peabody — Third Quarter 2026 Earnings Summary

  • Reported net loss of $(32.8) million per diluted share, a significant improvement from the prior-year loss of $(70.1) million, driven by revenue growth to $1,096.3 million (up from $1,012.1 million) and positive Adjusted EBITDA of $97.5 million across all segments.
  • Updated 2026 full-year guidance reflects a 0.2 million ton increase in Seaborne Thermal volume but includes reductions of 0.6 million tons for Seaborne Metallurgical, 7.5 million tons for Powder River Basin, and 0.2 million tons for Other U.S. Thermal, alongside a $40 million reduction in capital expenditure guidance to $300 million.
  • Announced capital return actions including the repurchase of $38.9 million in 2028 convertible notes and a cash redemption notice for the remaining $39.9 million to eliminate shareholder dilution, while declaring a quarterly dividend of $0.075 per share.
  • Outlook for Q4 2026 anticipates stronger production and free cash flow, with specific volume and cost guidance provided for Seaborne Thermal, Seaborne Metallurgical, and U.S. segments, though Centurion continues to face geological challenges and elevated costs.
Company
PEABODY ENERGY CORP
Sector
Energy
Industry
Thermal Coal