SunCoke Energy Inc reports results for the quarter ended in December - Earnings Summary

SunCoke Energy

01/02/2024 14:32

* SunCoke Energy Inc  SXC.N  reported quarterly adjusted
earnings
of 16 cents​​ per share for the quarter ended in December,
higher than the same quarter last year, when the company
reported EPS of 14 cents.  The mean expectation of two analysts
for the quarter was for earnings of 14 cents per share. Wall
Street expected results to range from 13 cents to 14 cents per
share.
    * Revenue rose 1.3% to $520.60 million from a year ago;
analysts
expected $403.05 million. 
    * SunCoke Energy Inc's reported EPS for the quarter was 16
cents​.
    * The company reported quarterly net income of $13.8
million.
    * SunCoke Energy Inc shares had fallen by 4.6% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 12.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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  "hold."

Wall Street's median 12-month price target for SunCoke Energy
Inc is $11.00 
This summary was machine generated from LSEG data February 1 at
02:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.14           0.16           Beat
 Sep. 30 2023      0.19           0.08           Missed
 Jun. 30 2023      0.19           0.24           Beat
 Mar. 31 2023      0.18           0.19           Beat