ST LOUIS (AP) — ST LOUIS (AP) — Peabody Energy Corp. (BTU) on Thursday reported first-quarter net income of $39.6 million.
The St. Louis-based company said it had profit of 29 cents per share. Earnings, adjusted to account for discontinued operations, were 30 cents per share.
The coal mining company posted revenue of $983.6 million in the period.
Peabody Energy shares have declined 12% since the beginning of the year, while the S&P’s 500 index has increased 5%. The stock has fallen slightly more than 9% in the last 12 months.
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