Peabody Energy Corp (BTU) shares surged 5.25% in pre-market trading on Tuesday following the release of its impressive first-quarter 2025 earnings report. The coal mining giant significantly outperformed analyst expectations, demonstrating resilience in a challenging energy market.

The company reported earnings per share (EPS) of $0.27, handily beating the FactSet consensus estimate of $0.10 and the IBES estimate of $0.05. This strong performance, however, represents a slight decrease from the $0.29 per share earned in the same period last year. Peabody's adjusted EBITDA for the quarter reached $144 million, substantially surpassing the IBES estimate of $93 million.

While Peabody's revenue for the quarter came in at $937 million, slightly missing the analyst consensus estimate of $949.80 million and showing a 4.74% decrease from the $983.60 million reported in the previous year, investors seemed to focus on the bottom-line beat. The company also reported a net income attributable of $34.4 million and an operating cash flow of $120 million, underlining its solid financial position. In a show of confidence, Peabody declared a quarterly dividend of $0.075 per share, further boosting investor sentiment.