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

Reuters07-31

* SunCoke Energy Inc 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

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