Peabody Energy (BTU): Q3 EPS of $1.38 beats by $0.51. Revenue of $1.91B (+59%) vs. $1.68B. Sees...

|About: Peabody Energy Corp. (BTU)|By:, SA News Editor
Peabody Energy (BTU): Q3 EPS of $1.38 beats by $0.51. Revenue of $1.91B (+59%) vs. $1.68B. Sees 2008 EPS of $3.00-3.25 vs. $2.86. "Supply challenges around the world and lack of capital to respond to market shortages will continue to drive a tight global supply-demand balance for coal... Long-term coal demand profile is very strong and will continue to be led by emerging economies." Shares +7.7%. (PR)