earnings
confidence high
sentiment positive
materiality 0.85
SunCoke Q3 adj EBITDA $75.3M, EPS $0.36; raises FY guidance to $260-270M
SunCoke Energy, Inc.
2024-Q3 EPS reported
$0.85
revenue$1,449,400,000
- Q3 2024 net income attributable to SXC $30.7M ($0.36/share) vs $7.0M ($0.08) YoY.
- Revenue $490.1M vs $520.4M YoY on lower coal prices passed through; adj EBITDA $75.3M vs $65.4M.
- DOL exemption eliminates most legacy black lung liabilities for $36M payment, net $9.5M gain.
- Extended Granite City coke supply with U.S. Steel through June 2025; new 3-year KRT coal handling deal.
- Full-year 2024 adj EBITDA guidance raised to $260-270M; dividend $0.12/share payable Dec 2.