The company’s earned $2.06bn for Q3 2012, an increase from $1.98bn in 2011, with an adjusted EBITDA of $459.9m.
Income from continuing operations totaled $122.9m with net income for the quarter ending 30 September 2012 totalling $42.9m.
Peabody Energy chairman and CEO Gregory Boyce said that Peabody delivered strong third quarter results, as expanded US margins, high Australian volumes and aggressive cost control largely offset price declines in Australia.
"Peabody remains focused on significant cost containment and capital discipline activities and expects to realize the benefit of these programs over the next year," Boyce added.
"While the global coal environment remains challenged, there are indications that markets are stabilizing through U.S. gas-to-coal switching, higher European coal-fueled generation and increased China infrastructure spending."
