secwatch.observer — SEC 8-K summary
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Issuer:     SunCoke Energy, Inc. (SXC)
CIK:        0001514705
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001628280-23-015512
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SunCoke Q1 net income down 45% to $16.3M; reaffirms FY2023 EBITDA guidance $250-265M
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- Net income attributable to SXC $16.3M ($0.19 diluted EPS) vs $29.5M ($0.35) YoY, revenue $487.8M up 11%.
- Consolidated Adjusted EBITDA $67.1M, down $16.7M YoY, driven by lower export coke margin.
- Domestic Coke Adj EBITDA per ton $63.58 (vs $79.00 prior year) on 950K tons sold.
- Extended Indiana Harbor coke supply agreement with Cleveland-Cliffs through September 2035.
- FY2023 guidance reaffirmed: Adj EBITDA $250-265M, capex ~$95M, operating cash flow $200-215M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1514705/000162828023015512/0001628280-23-015512-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1514705/000162828023015512/sxc-20230504.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-015512

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer