Peabody’s Q3 revenues down 15%, but margins increase: filing

摘要

Peabody Energy’s US and Australian coal mining revenuesfell $211.8 million in the third quarter on lower realized pricing and salesvolumes, but margins increased due to lower costs, the company saidin a filing Thursday.The St. Louis-based company, which filed for Chapter 11 bankruptcyprotection in April, did not hold an earnings call to present quarterlyresults. A securities filing showed operating costs fell during thequarter, boosting margins despite the drop in revenues.