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

SunCoke Energy

01/11/2023 13:33

* SunCoke Energy Inc  SXC.N  reported quarterly adjusted
earnings
of 8 cents​​ per share for the quarter ended in September, lower
than the same quarter last year, when the company reported EPS
of 49 cents.  The mean expectation of two analysts for the
quarter was for earnings of 19 cents per share. Wall Street
expected results to range from 18 cents to 19 cents per share.
    * Revenue rose 0.7% to $520.40 million from a year ago;
analysts
expected $382.70 million. 
    * SunCoke Energy Inc's reported EPS for the quarter was 8
cents​.
    * The company reported quarterly net income of $7 million.
    * SunCoke Energy Inc shares had fallen by 6.3% this
quarter and
gained 10.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 2.6%
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 November 1 at
01:33 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.19           0.08           Missed
 Jun. 30 2023      0.19           0.24           Beat
 Mar. 31 2023      0.18           0.19           Beat
 Dec. 31 2022      0.13           0.14           Beat