Peabody loss widens on $900.8 mln impairment charge
July 28 (Reuters) - Coal miner Peabody Energy Corp reported a much bigger second-quarter loss as it recorded $900.8 million in impairment charges.
Net loss attributable to common shareholders widened to $1.04 billion, or $3.84 per share, for the second quarter ended June 30 from $73.3 million, or 27 cents per share, a year earlier.
Revenue fell nearly 24 percent to $1.34 billion.
The company also said it would suspend its quarterly dividend.
(Reporting By Manya Venkatesh in Bengaluru; Editing by Don Sebastian)