Peabody Q1 Earnings Beat Expectations

  • Massive Demand & Disruptive Potential – Boxabl has received interest for over 190,000 homes, positioning itself as a major disruptor in the housing market.
  • Revolutionary Manufacturing Approach – Inspired by Henry Ford’s assembly line, Boxabl’s foldable tiny homes are designed for high-efficiency production, making homeownership more accessible.
  • Affordable Investment Opportunity – With homes priced at $60,000, Boxabl is raising $1 billion to scale production, offering investors a chance to own a stake in its growth.
Share Price: $0.80
Min. Investment: $1,000
Valuation: $3.5B
  • Peabody Energy BTU reported first-quarter FY23 sales growth of 97.2% year-on-year to $1.36 billion, beating the consensus of $1.23 billion. 
  • Adjusted EPS of $1.68 beats the analyst consensus of $1.39. The company reported a loss of (0.88) per share in the prior-year quarter.
  • Segment Details: The seaborne thermal segment shipped 3.6 million tons (-5.3% Y/Y) with an Adjusted EBITDA of $164.0 million.
  • The seaborne metallurgical segment shipped 1.3 million tons (+8% Y/Y) with an Adjusted EBITDA of $90.8 million.
  • Powder River Basin shipped 22.0 million tons (+6.8% Y/Y) with an Adjusted EBITDA of $35.8 million.
  • The other U.S. thermal segment shipped 4.5 million tons (+7.1%) with an Adjusted EBITDA of $64.2 million.
  • The company's board approved a $1 billion share repurchase authorization. Peabody declared a quarterly dividend on its common stock of $0.075 per share, payable on May 31, 2023.
  • Peabody ended the quarter with $1.7 billion of cash and equivalents. In the first quarter, the company generated $386.3 million of cash flow from operations
  • The company also provided a production outlook for its second quarter.
  • Price Action: BTU shares are trading higher by 1.64% at $23.80 on the last check Thursday.
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BTUPeabody Energy Corp
$13.330.68%

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