Suncoke Energy (SXC) Misses Q3 EPS by 11c, Revenue Beats

Suncoke Energy (NYSE: SXC) reported Q3 EPS of $0.08, $0.11 worse than the analyst estimate of $0.19. Revenue for the quarter came in at $520.4 million versus the consensus estimate of $386.1 million.

2023 OUTLOOK

Our 2023 guidance is as follows:

• Domestic Coke total production is expected to be approximately 4.0 million tons
• Consolidated Net Income is expected to be between $49 million and $68 million
• Consolidated Adjusted EBITDA is expected be on the high end of $250 million and $265 million
• Capital expenditures are projected to be approximately $95 million(1)
• Operating cash flow is estimated to be between $200 million to $215 million
• Cash taxes are projected to be between $12 million to $16 million

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

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