Suncoke Energy (SXC) Tops Q3 EPS Expectations
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/12/2026
Go back to Suncoke Energy (SXC) Tops Q3 EPS Expectations
October 20, 2016 6:45 AM EDT
Net income attributable to SXC was up $29.6 million to $6.1 million,
or $0.10 per share, in the current period compared to a loss of $23.5
million, or $0.36 per share, in the prior year period
Adjusted EBITDA, which excludes $8.8 million of coal logistics
deferred revenue, was $49.4 million, which is in line with
expectations and up $0.3 million versus the prior year period
Reduced total consolidated debt outstanding by approximately $25
million in the third quarter and by more than $135 million in the last
twelve months, including approximately $132 million of SXCP bond
repurchases
Reaffirm... More
October 20, 2016 6:45 AM EDT
Net income attributable to SXCP increased $1.8 million to $21.3 million
Adjusted EBITDA attributable to SXCP, which excludes $8.8 million of
coal logistics deferred revenue, was $44.8 million, which is in line
with expectations, but down $4.0 million versus the prior year period
Strong Distributable Cash Flow and Distribution Cash Coverage Ratio of
$35.5 million and 1.20x, respectively
Declared quarterly distribution of $0.5940 per unit; reduced debt
outstanding by $4 million in the quarter
Reaffirm full-year outlook for 2016 Adjusted EBITDA attributable to
SXCP of $207 million to $217 million... More
