Suncoke Energy (SXC) Tops Q1 EPS by 10c, Revenues Beat

Suncoke Energy (NYSE: SXC) reported Q1 EPS of $0.20, $0.10 better than the analyst estimate of $0.10. Revenue for the quarter came in at $359.9 million versus the consensus estimate of $308.4 million.

"I would like to thank all the SunCoke employees for their continued commitment and contributions through a challenging period. The dedication of our team is clearly visible through our excellent safety performance, where we achieved zero recordable injuries during the first quarter, a record for our company. While continuing to follow CDC mandated guidelines, our cokemaking operations returned to full capacity and delivered excellent results. Our logistics segment delivered strong results handling more than two million tons of coal, and we also signed a new take-or-pay agreement to handle iron ore at CMT." said Mike Rippey, President and Chief Executive Officer of SunCoke Energy Inc. "We are very pleased to see our operations running at optimum levels, which is the key driver of our excellent financial results. Continued strength in steel and coal markets coupled with our first quarter results leads us to project full year results at the high end of our adjusted EBITDA guidance."

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

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