— 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.
Broadcom Limited (NASDAQ: AVGO) reported first quarter 2021 earnings results today. Total revenue increased 14% year-over-year to $6.65 billion. GAAP net income was $1.3 billion, or $3.05 per share, compared
Retail giant Costco Wholesale Corporation (NASDAQ: COST) reported higher earnings and revenues for the second quarter of 2021. Earnings missed analysts’ expectations, while sales beat. Net profit was $951 million
With the corporate world rapidly shifting to cloud-native computing after the virus outbreak changed work culture and the way businesses operate, technology providers are aggressively innovating their offerings. Hewlett Packard