ST LOUIS (AP) — ST LOUIS (AP) — Peabody Energy Corp. (BTU) on Tuesday reported a first-quarter loss of $32.4 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the St. Louis-based company said it had a loss of 27 cents. Losses, adjusted to account for discontinued operations, came to 26 cents per share.
The coal mining company posted revenue of $973.3 million in the period.
Peabody Energy shares have fallen 11% since the beginning of the year, while the S&P’s 500 index has climbed 5%. The stock has more than doubled in the last 12 months.
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