Peabody Energy Updates Q3 Guidance - Quick Facts

(RTTNews) - Peabody Energy (BTU) announced the company now expects its third-quarter adjusted EBITDA in the range of $190 million to $210 million, above the prior guidance range. Peabody now expects its third-quarter adjusted loss per share to be in the range of $0.69 to $0.63, primarily reflecting the effects of non-cash tax expense following the repeal of the Minerals Resource Rent Tax in Australia.

Analysts polled by Thomson Reuters expect the company to report a loss per share of $0.40 for the third-quarter. Analysts' estimates typically exclude special items.