SunCoke Energy (NYSE:SXC) Issues Earnings Results, Beats Expectations By $0.14 EPS

SunCoke Energy (NYSE:SXC) issued its quarterly earnings results on Tuesday. The energy company reported $0.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.14, Briefing.com reports. The firm had revenue of $485.90 million for the quarter, compared to analyst estimates of $456.55 million. SunCoke Energy had a positive return on equity of 5.68% and a negative net margin of 2.91%. The firm’s quarterly revenue was down .2% on a year-over-year basis. During the same period last year, the company earned $0.26 EPS.

Here are the key takeaways from SunCoke Energy’s conference call:

• Third-quarter performance was strong, with consolidated Adjusted EBITDA rising $17.8 million year over year to $76.9 million. Domestic Coke benefited from sales mix and coal-to-coke yields, while Industrial Services gained from Phoenix and higher terminal volumes.
• Management expects full-year 2026 consolidated Adjusted EBITDA to modestly exceed its $250 million–$265 million guidance range, with both Domestic Coke and Industrial Services expected to reach or surpass the high end of their respective outlooks.
• SunCoke raised its 2026 free cash flow outlook to $180 million–$185 million, ended the quarter with approximately $276 million of liquidity, and used cash flow to reduce revolver borrowings while maintaining its $0.12 quarterly dividend.
• Fourth-quarter Industrial Services results are expected to be softer than the second and third quarters as steel mills and terminals slow around the holidays. The company is also still negotiating 2027 renewals for two contracts expiring in December, while a potential Middletown turbine insurance recovery is excluded from guidance and could extend into early 2027.

SunCoke Energy Stock Up 2.8%

Shares of NYSE:SXC traded up $0.31 during midday trading on Friday, reaching $11.34. The company had a trading volume of 1,318,883 shares, compared to its average volume of 1,069,154. The stock has a market capitalization of $962.54 million, a P/E ratio of -17.45 and a beta of 0.94. The stock’s fifty day moving average price is $9.98 and its 200-day moving average price is $8.29. The company has a debt-to-equity ratio of 0.96, a current ratio of 2.03 and a quick ratio of 1.26. SunCoke Energy has a one year low of $5.51 and a one year high of $11.36.

SunCoke Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Tuesday, November 17th will be issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date is Tuesday, November 17th. SunCoke Energy’s dividend payout ratio (DPR) is -73.85%.

Wall Street Analysts Forecast Growth

SXC has been the subject of a number of analyst reports. Weiss Ratings raised shares of SunCoke Energy from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, October 6th. Wall Street Zen upgraded SunCoke Energy from a “hold” rating to a “buy” rating in a report on Tuesday, October 27th. Two equities research analysts have rated the stock with a Hold rating. According to data from MarketBeat, SunCoke Energy presently has a consensus rating of “Hold” and a consensus target price of $9.00.

SunCoke Energy Company Profile

SunCoke Energy, Inc (NYSE:SXC) is a producer of metallurgical coke, a carbon-based fuel and reducing agent used in blast-furnace steelmaking. The company converts coal into coke through high-temperature processing and captures the resulting heat to generate energy, which can support its facilities and be sold to customers.

SunCoke operates coke-making facilities and related coal-handling, storage and logistics assets, primarily serving integrated steel producers in the United States. Its operations are designed to provide customers with a consistent supply of coke while also generating electricity and recovering other byproducts from the coke-production process.

The company was separated from Sunoco and became a publicly traded company in 2011.