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Peabody posts $200 million profit in third quartee

October 27, 2017 in News

Less than six months removed from emerging from Chapter 11 bankruptcy protection, Peabody Energy Corp. is reporting a profit of $203 million on revenues of $1.48 billion for the third quarter of 2017.

The profit mirrors the nearly $200 million the company realized in the first quarter of the year, and along with the nearly $100 million posted for the second quarter, brings the company’s profit to about $500 million so far for the year.

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