How’s it going,
I looked into it. You were probably advertised this company because:
Peabody Energy Corp. Raises FY 2008 Earnings Outlook
Thursday, 16 Oct 2008 08:02am EDT
Peabody Energy Corp. announced that for fiscal 2008, it has raised EBITDA guidance to be in the range of $1.75 to $1.85 billion and earnings per share (EPS) from continuing operations is targeted at $3.00 to $3.25. According to Reuters Estimates, analysts on an average were expecting the Company to report EBITDA of $1.70 billion and EPS of $2.86 for fiscal 2008.
I looked into the past few years of data. It pays a quarterly dividend of 6 cents. That’s less than 1%
The prices of commodities have fallen recently. This hurts their earnings.
I’m not willing to bet on any commodity companies until their underlying demand rally’s again. There are cheaper companies out there.
http://www.forbes.com/feeds/ap/2008/10/21/ap5583990.html
Glen
—–Original Message—–
From: Lyn
Sent: Tuesday, October 21, 2008 6:11 PM
To: Bradford, Glen Richard
Subject: Hello
Hi, Glen – You asked if anyone had a stock for you to look up – and I do.
It comes from the
“Bottom Line” flyer which I get every week. BTU – Peabody Energy
Corporation. It is
a coal company – and I don’t even know if it pays dividend??? Thanks for
checking this out
for me – and I surely wish you and all buyers a good week.