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

SunCoke Energy

31/07/2024 14:32

* SunCoke Energy Inc  SXC.N  reported quarterly adjusted
earnings
of 25 cents​​ per share for the quarter ended in June, higher
than the same quarter last year, when the company reported EPS
of 24 cents.  The mean expectation of two analysts for the
quarter was for earnings of 22 cents per share. Wall Street
expected results to range from 21 cents to 22 cents per share.
    * Revenue fell 11.9% to $470.90 million from a year ago;
analysts
expected $410.35 million. 
    * SunCoke Energy Inc's reported EPS for the quarter was 25
cents​.
    * The company reported quarterly net income of $21.5
million.
    * SunCoke Energy Inc shares had risen by 10.9% this
quarter and
gained 1.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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 $11.50 
This summary was machine generated from LSEG data July 31 at
01:32 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
 Jun. 30 2024      0.22           0.25           Beat
 Mar. 31 2024      0.22           0.23           Beat
 Dec. 31 2023      0.14           0.16           Beat
 Sep. 30 2023      0.19           0.08           Missed