Shares of Peabody Energy Corp. BTU surged 4.0% in premarket trading Tuesday, after the coal miner reported fourth-quarter profit and revenue that rose well above expectations, recorded record free cash flow and said it repaid all remaining senior secured debt. Net income climbed to $632.0 million, or $3.92 a share, from $375.1 million, or $2.33 a share, in the year-ago period. The FactSet consensus for earnings per share was $2.16. Revenue grew 28.6% to $1.
0% in premarket trading Tuesday, after the coal miner reported fourth-quarter profit and revenue that rose well above expectations, recorded record free cash flow and said it repaid all remaining senior secured debt. Net income climbed to $632.0 million, or $3.92 a share, from $375.1 million, or $2.33 a share, in the year-ago period. The FactSet consensus for earnings per share was $2.16. Revenue grew 28.6% to $1.63 billion, beating the FactSet consensus of $1.39 billion.