Peabody Energy (BTU +0.3%) expects its Q1 2013 results to come in weaker than originally...

|About: Peabody Energy Corp. (BTUUQ)|By:, SA News Editor

Peabody Energy (BTU +0.3%) expects its Q1 2013 results to come in weaker than originally thought, but sees increased U.S. gas-to-coal switching, and thinks global seaborne coal markets show signs of improving next year. The optimistic take overlooks high inventories, weak export demand and rising regulation; most coal shares are higher: ANR +3.2%, WLT +2.5%, ACI +1.3%.