Suncoke Energy (SXC) Misses Q4 EPS by 4c

Suncoke Energy (NYSE: SXC) reported Q4 EPS of $0.26, $0.04 worse than the analyst estimate of $0.30. Revenue for the quarter came in at $325.6 million, versus $353.6 million reported last year.

Net income attributable to SXC was $17.0 million, or $0.26 per share and $14.4 million, or $0.22 per share, in fourth quarter and full-year 2016, respectively - Adjusted EBITDA increased $22.3 million to $77.3 million in fourth quarter 2016, primarily due to the recognition of CMT deferred revenue of $31.5 million - Full-year 2016 Consolidated Adjusted EBITDA increased $31.6 million to $217.0 million and was in line with our 2016 guidance range of $210 million to $235 million - De-levered consolidated SunCoke by approximately $145 million during full-year 2016 via open market debt repurchases and revolver pay-downs - Full-year 2017 Consolidated Adjusted EBITDA guidance of $220 million to $235 million.

For earnings history and earnings-related data on Suncoke Energy (SXC) click here.

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