Peabody Energy Corporation (NYSE:BTU) reported first-quarter 2012 earnings of 67 cents per share compared with 72 cents in the year-ago quarter. The decline in earnings was due to higher interest expense related to its Macarthur Coal acquisition and an increase in depreciation, depletion and amortization expenses. The quarterly earnings significantly beat the Zacks Consensus Estimate of 56 cents.
Revenue
Peabody’s quarterly revenue, at $2.04 billion, increased 17% year over year from $1.7 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards