SunCoke Energy Q4 revenue rises on Phoenix Global acquisition

SunCoke Energy

17/02/2026 12:07

Corrects headline and bullet 1 of overview section to say Q4 revenue beat estimates; Corrects Q4 EPS in Key Details table to -$1, not -$0.52

Overview

Coke supplier's Q4 revenue beat analyst expectations

Adjusted EBITDA for Q4 missed analyst estimates, impacted by contract breach and lower sales

Company extended Granite City and Haverhill II coke supply agreements through 2026 and 2028

Outlook

SunCoke expects 2026 Adjusted EBITDA between $230 mln and $250 mln

Company projects 2026 net income between $25 mln and $43 mln

SunCoke anticipates 2026 domestic coke sales of approximately 3.4 mln tons

Result Drivers

ALGOMA CONTRACT BREACH - Breach of contract by Algoma led to lower coke sales volumes and contributed to a significant asset impairment charge

HAVERHILL I CLOSURE - Closure of Haverhill I facility resulted in a non-cash asset impairment charge, impacting net income

PHOENIX GLOBAL ADDITION - Acquisition of Phoenix Global positively impacted Industrial Services segment, offsetting some declines

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$480.20 mln
$432.90 mln (2 Analysts)
Q4 EPS
-$1.00
Q4 Net Income
Miss
-$85.60 mln
$7.40 mln (2 Analysts)
Q4 Adjusted EBITDA
Miss
$56.70 mln
$60.35 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 $10.00, about 25.2% above its February 13 closing price of $7.99

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

Press Release: ID:nBw7yMlTKa

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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.)