shares of peabody energy corp btu surged 40 in premarket trading tuesday after the coal miner reported fourthquarter profit and revenue that rose well above expectations recorded record free cash flow and said it repaid all remaining senior secured debt net income climbed to 6320 million or 392 a share from 3751 million or 233 a share in the yearago period the factset consensus for earnings per share was 216 revenue grew 286 to 163 billion beating the factset consensus of 139 billion the company generated a record 5797 million of free cash flow in the fourth quarter and ended 2022 with 131 billion of cash and cash equivalents “due to our strong operating results and financial condition we are actively addressing the remaining requirements to implement a shareholder return program” said chief executive jim grech the stock fell 58 over the past three months through monday but has soared 462 over the past 12 months while the sp 500 spx has gained 46 the past three months and lost 60 the past year