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Peabody Energy Q2 Loss Widens, Revenue Rises

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Peabody Energy (BTU) reported a Q2 loss Wednesday of $0.74 per diluted share, widening from a loss of $0.23 a year earlier.

Three analysts surveyed by FactSet expected a loss of $0.57 per share.

Revenue for the quarter ended June 30 was $1.0 billion, up from $890.1 million a year earlier.

Analysts expected $1.02 billion.

Shares of the company were down nearly 11% in Wednesday premarket activity.

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