Peabody Energy Q4 Loss Wider Than View; Sees Q1 Loss Wider Than Estimates

(RTTNews) - Peabody Energy Corp. (BTU) reported fourth-quarter net loss attributable to common stockholders of $514.6 million or $1.92 per share, narrower than loss of $565.7 million or $2.12 per share in the same quarter last year.

Adjusted loss for the latest quarter was $1.21 per share, compared to breakeven per share in the comparable quarter last year. Analysts polled by Thomson Reuters expected the company to report loss of $0.35 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues for the quarter declined to $1.68 billion from $1.74 billion in the prior year quarter. Analysts had a consensus revenue estimate of $1.65 billion.

For the first quarter, Peabody forecasts adjusted loss of $0.39 to $0.32 per share. Analysts expect the company to report loss of $0.24 per share for the quarter.

For 2015, the company forecast total sales in a range of 245 million tons to 265 million tons, including U.S. sales of 190 million tons to 200 million tons and Australian sales of 35 million tons to 378 million tons.

The board of directors of Peabody Energy has declared a quarterly dividend on its common stock of $0.0025 per share. The dividend is payable on February 26, 2015, to holders of record on February 6, 2015.