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.
WARNING: “SunCoke Energy (SXC) Releases Earnings Results, Beats Estimates By $0.17 EPS” was published by BBNS and is the sole property of of BBNS. If you are reading this article on another publication, it was stolen and reposted in violation of United States & international copyright laws. The correct version of this article can be viewed at https://baseballnewssource.com/2018/11/10/suncoke-energy-sxc-issues-quarterly-earnings-results/2886757.html.
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.
Recommended Story: What are the reasons investors use put options?
Receive News & Ratings for SunCoke Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SunCoke Energy and related companies with MarketBeat.com's FREE daily email newsletter.