Suncoke Energy (SXC) Tops Q2 EPS by 3c; offers guidance

Suncoke Energy (NYSE: SXC) reported Q2 EPS of $0.25, $0.03 better than the analyst estimate of $0.22. Revenue for the quarter came in at $470.9 million versus the consensus estimate of $410.35 million.

GUIDANCE

Our 2024 guidance is as follows:

Domestic Coke total production is expected to be approximately 4.1 million tons
Consolidated Net Income is expected to be between $67 million and $84 million
Consolidated Adjusted EBITDA is expected to be on the high end of $240 million and $255 million
Capital expenditures are projected to be between $75 million and $80 million
Operating cash flow is estimated to be between $185 million to $200 million
Cash taxes are projected to be between $20 million to $25 million

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

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