Suncoke Energy (SXC) Tops Q3 EPS Expectations
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Suncoke Energy (NYSE: SXC) reported Q3 EPS of $0.10, $0.19 better than the analyst estimate of ($0.09). Revenue for the quarter came in at $293.9 million versus the consensus estimate of $274.5 million.
2016 OUTLOOK
Our 2016 guidance is as follows:
- Domestic coke production is expected to be between 4.0 million and 4.1 million tons
- Consolidated Adjusted EBITDA is expected to be between $210 million and $235 million
- Adjusted EBITDA attributable to SXC is expected to be between $105 million and $124 million, reflecting the impact of public ownership in SXCP
- Capital expenditures are projected to be approximately $45 million
- Cash generated by operations is estimated to be between $150 million and $170 million
- Cash taxes are projected to be between $4 million and $9 million
For earnings history and earnings-related data on Suncoke Energy (SXC) click here.
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