SunCoke Energy Q2 revenue rises

SunCoke Energy

30/07/2026 12:43

Overview
U.S. coke producer's Q2 revenue rose yr/yr, driven by Phoenix acquisition and higher terminal volumes
Q2 net income and adjusted EBITDA grew, reflecting improved operating conditions and segment performance
Company raised full-year 2026 adjusted EBITDA guidance to $250 mln-$265 mln on strong outlook

Outlook
SunCoke raises 2026 Consolidated Adjusted EBITDA guidance to $250 mln-$265 mln
Company expects 2026 net income between $23 mln and $42 mln
SunCoke projects 2026 capital expenditures at $90 mln-$100 mln

Result Drivers
PHOENIX ACQUISITION - Addition of Phoenix drove higher Industrial Services revenue and adjusted EBITDA
HIGHER TERMINALS HANDLING VOLUMES - Improved market conditions led to increased volumes and segment profitability
FAVORABLE COAL-TO-COKE YIELDS - Improved operating conditions boosted Domestic Coke segment margins

Company press release: ID:nBw35sB6la

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
 
$0.15
 
Q2 Net Income
 
$13.1 mln
 
Q2 Adjusted EBITDA
 
$69.6 mln
$58.45 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 $9.50, about 1.5% above its July 29 closing price of $9.36
The stock recently traded at 52 times the next 12-month earnings vs. a P/E of 20 three months ago

Reuters Recommended Reads
July 29 - Peabody Energy Q2 revenue and Adjusted EBITDA miss estimates on lower volumes, higher costs
July 27 - Nucor beats quarterly results on strong pricing, demand

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(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.)