Peabody Energy Corporation (BTU) Earnings
Peabody Energy Corporation is expected to report next earnings on July 30, 2026 (in NaN days), with a consensus EPS estimate of $-0.31. BTU has beaten EPS estimates in 3 of its last 12 reported quarters (average surprise -693.8% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 5, 2026 | $-0.01 | $-0.26 | -2500.0% | $973M | -0.4% |
| Feb 5, 2026 | $0.10 | $0.08 | -20.0% | $1.0B | -5.2% |
| Oct 30, 2025 | $-0.19 | $-0.58 | -205.3% | $1.0B | -0.7% |
| Jul 31, 2025 | $-0.04 | $-0.06 | -50.0% | $890M | -5.3% |
| Feb 6, 2025 | $0.53 | $0.28 | -47.2% | $1.1B | +2.8% |
| Oct 31, 2024 | $0.59 | $0.74 | +25.4% | $1.1B | -2.2% |
| Aug 1, 2024 | $0.53 | $1.43 | +169.8% | $1.0B | +2.9% |
| May 2, 2024 | $0.31 | $0.29 | -6.5% | $984M | -0.8% |
| Feb 8, 2024 | $1.40 | $1.33 | -5.0% | $1.2B | +0.4% |
| Oct 26, 2023 | $0.99 | $0.82 | -17.2% | $1.1B | -1.6% |
| Jul 27, 2023 | $1.72 | $1.15 | -33.1% | $1.3B | +11.3% |
| Apr 27, 2023 | $1.39 | $1.68 | +20.9% | $1.4B | +11.2% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · May 5, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
- Centurion: Had temporary mechanical and electrical issues during commissioning, but implemented response plan with safety as priority. Remediation steps in place, expecting performance in back half of 2026 to return to full long-wall production rates. - Peabody development initiatives: Received $6.25 million grant from Wyoming Energy Authority, advancing plans for pilot plant to process rare earth elements using PRB coal as feedstock. Also advancing other rare earths and critical minerals opportunities. - West Coast thermal coal exports: Initial test shipment of PRB coal to Mexico's port of Guaymas, demonstrating potential of West Coast export route. - US policy actions: Executive order directing U.S. defense facilities to purchase power from coal-fueled generation, affirming value of reliable coal supply chains and basel generation capacity.
Guidance
Second quarter Seabourn thermal volume expected to be 3 million tons, including 1.9 million tons of export coal with some priced and others unpriced, costs between $57 and $62 per ton. Seaborne metallurgical volume expected to be 2.3 million tons. PRB shipments anticipated at 19 million tons with costs of $13.25 per ton. Other U.S. thermal coal shipments expected to increase to 3.4 million tons with costs in line with full-year guidance. Full-year Centurion sales outlook revised to 2.5 million tons from original 3.5 million tons, with met segment volumes adjusted and costs in range of $123 to $133 per ton.
Segment performance
Seaborne thermal platform delivered 3 million tons, with realized export prices averaging $86.25 per ton, costs at $50.26 per ton, and adjusted EBITDA of $48.5 million. Seaborne metallurgical shipments totaled 2 million tons, with costs at $142 per ton and an adjusted EBITDA loss of $7 million. U.S. thermal business: PRB shipped 21.2 million tons with adjusted EBITDA of $23.7 million; other U.S. thermals shipped 3.3 million tons with adjusted EBITDA of $37.8 million, and total U.S. thermal adjusted EBITDA was $61.5 million.
Risks & headwinds
- Mechanical and electrical issues at Centurion caused slower ramp-up initially. - Freight rates increased roughly 50% from pre-conflict levels, affecting delivered cost of products. - Middle East conflict impact on oil prices, with Peabody adjusting expected full-year PRB costs and seaborne thermal cost guidance due to oil price changes.
Analyst Q&A
Q: On TRB cost guidance, how to get to lower full-year costs?
A: Forward strip of diesel prices declines and second quarter shoulder season lower volume.