May 1 (Reuters) - Peabody Energy Corp BTU.N :
* PEABODY REPORTS EARNINGS FOR QUARTER ENDED MARCH 31, 2019
* Q1 EARNINGS PER SHARE $1.15 FROM CONTINUING OPERATIONS
* Q1 REVENUE $1.25 BILLION
* Q1 EARNINGS PER SHARE ESTIMATE $0.70 -- REFINITIV IBES DATA
* QTRLY DILUTED EPS - NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS $1.12
* SOLD 40.5 MILLION TONS IN QUARTER VERSUS 48.3 MILLION TONS REPORTED LAST YEAR
* LOWERING 2019 CAPITAL EXPENDITURE GUIDANCE RANGE TO $350 MILLION TO $375 MILLION
* Q1 OF 2019 WAS MARKED BY UNUSUAL NEAR-TERM CHALLENGES TO COAL LOGISTICS CHAIN IN MULTIPLE REGIONS OF WORLD
* PEABODY ENERGY - CONTINUING TO REWEIGHT INVESTMENTS TOWARD GREATER SEABORNE THERMAL, METALLURGICAL COAL ACCESS TO CAPTURE HIGHER-GROWTH ASIAN DEMAND
* PEABODY IS LOWERING ITS 2019 ANNUAL CAPITAL EXPENDITURE GUIDANCE RANGE TO $350 MILLION TO $375 MILLION
* FOR 2019, PEABODY EXPECTS IMPORTS FROM SOUTHEAST ASIAN NATIONS TO DRIVE THERMAL COAL DEMAND INCREASES
* ANTICIPATES GLOBAL STEEL DEMAND GROWTH OF APPROXIMATELY 2 PERCENT IN 2019
* ANTICIPATES A STRONG SECOND HALF OF 2019 TO CONTRIBUTE MORE THAN HALF OF FULL-YEAR ADJUSTED EBITDA
* NORTH GOONYELLA CHARGE OF $24.7 MILLION RELATES TO ADDITIONAL LOSSES IDENTIFIED IN Q1
* AN ESTIMATED 50 GIGAWATTS OF NEW COAL-FUELED GENERATION ARE EXPECTED TO COME ONLINE IN 2019, PRIMARILY IN ASIA
* IN Q1, SEABORNE THERMAL SEGMENT SOLD 2.6 MILLION TONS OF EXPORT THERMAL COAL AT AN AVERAGE REALIZED PRICE OF $80.40 PER SHORT TON
* FOR 2019, PEABODY EXPECTS IMPORTS FROM SOUTHEAST ASIAN NATIONS TO DRIVE THERMAL COAL DEMAND INCREASES.
* WITHIN U.S. THERMAL OPERATIONS, QTRLY SALES WERE IMPACTED BY SEVERE COLD AND FLOODING IN PLAINS STATES RESTRICTED RAIL SHIPMENTS
* PEABODY ENERGY - FOR 2019, PEABODY ESTIMATES DOMESTIC U.S. COAL DEMAND TO BE REDUCED BY COAL PLANT RETIREMENTS AND GAINS BY NATURAL GAS GENERATION
* PEABODY ANTICIPATES A STRONG SECOND HALF OF 2019 TO CONTRIBUTE MORE THAN HALF OF FULL-YEAR ADJUSTED EBITDA
* PEABODY ENERGY - PEABODY IS WELL ON ITS WAY TO STATED PLAN TO RETURN TO SHAREHOLDERS AN AMOUNT EQUAL TO OR GREATER THAN OUR FREE CASH FLOW IN 2019
* U.S. METALLURGICAL EXPORTS IN 2019 ARE EXPECTED TO REMAIN LARGELY STABLE WITH PRIOR-YEAR LEVELS
* NORTH GOONYELLA PROJECT COSTS FOR Q2 ARE EXPECTED TO COME IN TOWARD LOW-END OF QUARTERLY GUIDANCE RANGE OF $30 MILLION TO $35 MILLION.
* GLOBAL SEABORNE THERMAL COAL PRICING EASED DURING Q1 OF 2019 ON REDUCED LNG PRICES
* PEABODY ENERGY - FINALIZING SALES AGREEMENTS BASED ON ANNUAL BENCHMARK APRIL-TO-MARCH JAPANESE REFERENCE PRICE SETTLEMENT OF ABOUT $94.75 PER TONNE
* PEABODY ENERGY- Q2 PERFORMANCE EXPECTED TO REFLECT IMPACT OF TWO LONGWALL MOVES IN AUSTRALIA, WITH PRB SHIPMENTS IN LINE WITH Q1