Peabody Reports Results For Quarter Ended March 31, 2021
News provided by
Share this article
Share this article
ST. LOUIS, April 29, 2021 /PRNewswire/ -- Peabody (NYSE: BTU) today announced its first quarter 2021 operating results, including revenues of $651.3 million; loss from continuing operations, net of income taxes of $77.7 million; net loss attributable to common stockholders of $80.1 million; diluted loss per share from continuing operations of $0.79; and Adjusted EBITDA
1 of $61.1 million.
"While economies across the globe are in varying stages of recovery from the ongoing pandemic, I'm pleased to note that operational and productivity improvements continue to take hold across the company," said Peabody President and Chief Executive Officer Glenn Kellow. "In addition, we successfully completed our refinancing activities and subsequently repaid a portion of our long-term debt. Looking ahead, we remain focused on further improving our seaborne metallurgical cost structure and capturing continued cash improvements across the organization while positioning for ongoing seaborne market improvements."