— For the third quarter of 2019, coal producer Peabody Energy (NYSE: BTU) reported loss of $0.81 per share compared to a profit of $0.59 per share in the third quarter of 2018.
— Loss per share from continuing operations stood at $0.77 and totaled $150.3 million versus $372.1 million in the prior year.
— Revenue plunged 21% year-over-year to $1.11 billion vs. $1.13 billion expected.
— Peabody expects fourth quarter adjusted EBITDA to be lower than the third quarter, excluding restructuring charges and other non-recurring items.
— BTU stock had given a negative return of 48% so far this year and 55% in the trailing 12 months.
Micron Technology Inc. (NASDAQ: MU) Thursday said its fourth-quarter profit declined from last year, hurt by a sharp fall in revenues. Earnings, however, beat the market’s projection. On an adjusted
Shares of Philip Morris International Inc. (NYSE: PM) were down 1% on Thursday. The stock has dropped over 9% year-to-date. Although the tobacco industry has felt the pinch of inflation,
CarMax, Inc. (NYSE:KMX) reported second quarter 2023 earnings results today. Net revenues rose 2% year-over-year to $8.1 billion. Net earnings were $125.9 million, or $0.79 per share, compared to $285.2 million,