earnings
confidence high
sentiment positive
materiality 0.60
SunCoke Q1 net income rises to $20M; reaffirms FY24 EBITDA; declares $0.10 dividend
SunCoke Energy, Inc.
2024-Q1 EPS reported
$0.23
revenue$488,400,000
- Net income attributable to SXC $20.0M ($0.23 diluted EPS) vs $16.3M ($0.19) in Q1 2023.
- Consolidated Adjusted EBITDA $67.9M vs $67.1M YoY; Domestic Coke EBITDA $61.4M on 996K tons.
- Logistics segment handled 5.5M tons; EBITDA $13.0M; Brazil Coke EBITDA $2.4M.
- Reaffirms FY2024 guidance: Adj. EBITDA $240-255M, net income $67-84M, capex $75-80M.
- Declares quarterly cash dividend $0.10/share, payable June 3, record May 15.