SunCoke Energy (SXC) Releases Earnings Results, Beats Estimates By $0.17 EPS

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SunCoke Energy (NYSE:SXC) released its earnings results on Thursday, October 25th. The energy company reported $0.18 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.01 by $0.17, MarketWatch Earnings reports. The company had revenue of $364.50 million for the quarter, compared to the consensus estimate of $330.25 million. SunCoke Energy had a return on equity of 5.00% and a net margin of 10.99%.

Shares of SunCoke Energy stock traded down $0.57 during trading hours on Friday, hitting $10.86. The company’s stock had a trading volume of 283,851 shares, compared to its average volume of 390,242. SunCoke Energy has a 12-month low of $9.38 and a 12-month high of $14.32. The company has a quick ratio of 1.13, a current ratio of 1.65 and a debt-to-equity ratio of 1.22. The company has a market capitalization of $754.97 million, a price-to-earnings ratio of 38.79 and a beta of 0.80.

Several equities analysts recently weighed in on the company. Zacks Investment Research downgraded SunCoke Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, August 1st. B. Riley restated a “buy” rating on shares of SunCoke Energy in a research report on Friday. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $13.00.

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SunCoke Energy Company Profile

SunCoke Energy, Inc operates as an independent producer of coke in the Americas. The company operates through three segments: Domestic Coke, Brazil Coke, and Logistics. It offers metallurgical and thermal coal. The company also provides handling and/or mixing services to steel, coke, electric utility, coal producing, and other manufacturing based customers.

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Earnings History for SunCoke Energy (NYSE:SXC)

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