earnings
confidence high
sentiment negative
materiality 0.70
SunCoke reports FY2023 net income $57.5M, Adj EBITDA $268.8M; guides 2024 EBITDA $240-255M
SunCoke Energy, Inc.
2023-FY EPS reported
$0.68
revenue$2,063,200,000
- FY2023 net income attributable to SXC $57.5M ($0.68 diluted EPS), down from $100.7M in FY2022.
- FY2023 Adjusted EBITDA $268.8M, down from $297.7M prior year; Q4 2023 Adj EBITDA $62.3M.
- 2024 guidance: Adj EBITDA $240-255M, capex $75-80M, operating cash flow $185-200M.
- Domestic Coke segment FY2023 Adj EBITDA $247.8M, down 6% YoY; sales volume 4,046k tons.
- Quarterly dividend of $0.10 per share declared, payable March 1, 2024 to holders of record Feb 15, 2024.