Brief: SunCoke Energy Q2 Net Income USD 1.9 Million

SunCoke Energy

30/07/2025 12:00

Overview

SunCoke Q2 attributable net income misses analyst expectations, falling to $1.9 mln

Adjusted EBITDA for Q2 misses estimates, reflecting segment challenges

Co says all regulatory approvals have been received for Phoenix Global acquisition; expected to close on Aug 1

Outlook

SunCoke reaffirms full-year 2025 Adjusted EBITDA guidance of $210 mln-$225 mln

Company expects higher H2 2025 Adjusted EBITDA from improved coke sales mix

SunCoke anticipates 2025 net income between $40 mln and $59 mln

Operating cash flow for 2025 estimated at $165 mln-$180 mln

Capital expenditures are projected to be approximately $60 million

Result Drivers

CONTRACT AND SALES MIX - Timing and mix of contract and spot coke sales in Domestic Coke segment negatively impacted Q2 results, per CEO Katherine Gates

LOGISTICS CHALLENGES - Lower transloading volumes at Convent Marine Terminal due to challenging market conditions affected Q2 performance

GRANITE CITY IMPACT - Lower volumes and pricing due to contract extension economics at Granite City contributed to decreased revenue and Adjusted EBITDA

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Net Income attributable
Miss
$1.90 mln
$14.60 mln (2 Analysts)
Q2 Adjusted EBITDA
Miss
$43.60 mln
$55.90 mln (2 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the iron & steel peer group is "buy"

Wall Street's median 12-month price target for SunCoke Energy Inc is $12.00, about 31% above its July 29 closing price of $8.28

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 13 three months ago

Press Release: ID:nBw7Jn55ya

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)