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Peabody sinks to new low as Q3 earnings disappoint

New York-listed coal major Peabody Energy's share price has fallen to a fresh 12-month low after the company reported weaker-than-expected financials for the three months ended September.

Peabody sinks to new low as Q3 earnings disappoint Peabody sinks to new low as Q3 earnings disappoint Peabody sinks to new low as Q3 earnings disappoint Peabody sinks to new low as Q3 earnings disappoint Peabody sinks to new low as Q3 earnings disappoint

Peabody Energy shares have fallen to a fresh 12-month low after the company reported weaker-than-expected Q3 financials

St Louis, Missouri-based Peabody, the top US-based coal producer in 2018, reported a net loss attributable to shareholders of US$82.8 million or 77c per share, compared with profit of $71.