Peabody reports q1 loss per share of $1.31

Peabody reports earnings for quarter ended march 31, 2020.q1 revenue $846.2 million versus $1.25 billion.q1 loss per share $1.31 from continuing operations.suspending 2020 guidance given global economic uncertainty.qtrly loss attributable to common stockholders $1.33.peabody energy - qtrly revenue reflect impact of lower volumes, largely due to closure of kayenta mine, challenged u.s. industry conditions, lower pricing.peabody energy - sold minor surplus undeveloped australian land tenements, contributing to an $8.1 million gain on disposals in quarter.cash, cash equivalents at quarter end totaled $682.5 million with total liquidity of $1.19 billion.peabody energy - early actions from comprehensive program include elimination of about 250 positions in april in prb, indiana and illinois.during q1, made decision to pause debt reduction activities in light of evolving industry conditions.in april, company borrowed $300 million under its $565 million revolving credit facility.qtrly tons sold 35.6 million tons versus 40.5 million tons.2020 capital expenditures have been reduced to approximately $235 million.during q1, peabody took additional actions, eliminating approximately 105 global corporate and support positions.thermal demand from non-power sectors remains weak.reduction of about 215 operational positions, including contractors, in q1 across eight mines in u.s. and australia.
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