SunCoke Energy (SXC) to Release Quarterly Earnings on Thursday

SunCoke Energy (NYSE:SXC) will likely be posting its quarterly earnings results before the market opens on Thursday, January 30th. Analysts expect SunCoke Energy to post earnings of $0.24 per share and revenue of $373.50 million for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

SunCoke Energy (NYSE:SXC) last announced its quarterly earnings data on Thursday, October 31st. The energy company reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.14. SunCoke Energy had a net margin of 4.37% and a return on equity of 12.95%. The business had revenue of $490.10 million for the quarter, compared to analyst estimates of $412.70 million. During the same quarter in the previous year, the firm posted $0.08 earnings per share. The firm’s revenue for the quarter was down 5.8% on a year-over-year basis. On average, analysts expect SunCoke Energy to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

SunCoke Energy Stock Performance

NYSE SXC traded up $0.06 on Tuesday, hitting $9.93. 483,867 shares of the stock were exchanged, compared to its average volume of 816,943. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.22 and a quick ratio of 1.27. The business’s fifty day moving average is $11.24 and its 200 day moving average is $10.04. SunCoke Energy has a 52 week low of $7.47 and a 52 week high of $12.82. The company has a market capitalization of $834.59 million, a PE ratio of 9.93 and a beta of 1.08.

SunCoke Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 14th were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 4.84%. The ex-dividend date of this dividend was Thursday, November 14th. SunCoke Energy’s dividend payout ratio (DPR) is currently 48.00%.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Benchmark reaffirmed a “buy” rating and set a $13.00 price target on shares of SunCoke Energy in a research report on Tuesday, November 5th. StockNews.com upgraded shares of SunCoke Energy from a “hold” rating to a “buy” rating in a report on Wednesday, October 16th.

SunCoke Energy Company Profile

SunCoke Energy, Inc operates as an independent producer of coke in the Americas and Brazil. The company operates through three segments: Domestic Coke, Brazil Coke, and Logistics. It offers metallurgical and thermal coal. The company also provides handling and/or mixing services to steel, coke, electric utility, coal producing, and other manufacturing based customers.