earnings
confidence high
sentiment positive
materiality 0.70
SunCoke Q2 net income $20.4M, Adj EBITDA $74.0M; raises dividend 25%
SunCoke Energy, Inc.
2023-Q2 EPS reported
$0.43
revenue$1,022,200,000
- Net income attributable to SXC $20.4M ($0.24 EPS), up from $18.0M a year ago; YTD net income $36.7M.
- Consolidated Adjusted EBITDA $74.0M, up $2.7M YoY; full-year 2023 guidance at high end of $250-265M.
- Domestic Coke segment EBITDA $68.2M on 1,043K tons sold (+36K tons); logistics volumes fell 618K tons.
- Quarterly dividend increased 25% to $0.10 per share, payable Sept 1 to holders of record Aug 17.
- Brazil Coke EBITDA down $1.6M as technology fees expired; corporate and other costs declined $1.2M.