SunCoke Energy, Inc. Board of Directors Authorizes $100 Million Share Repurchase Program

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Go back to SunCoke Energy, Inc. Board of Directors Authorizes $100 Million Share Repurchase Program

Suncoke Energy (SXC) Tops Q3 EPS by 6c, Revenues Beat; Announces $100M Share Buyback

November 5, 2019 6:50 AM EST

Suncoke Energy (NYSE: SXC) reported Q3 EPS of $0.13, $0.06 better than the analyst estimate of $0.07. Revenue for the quarter came in at $404.3 million versus the consensus estimate of $359.05 million.

"In the third quarter, cokemaking operations performed at a high level and delivered excellent results, partially driven by the success of our oven rebuild program at Indiana Harbor," said Mike Rippey, President and Chief Executive Officer of SunCoke Energy, Inc. "In our Coal Logistics segment, we experienced a meaningful shift in the operating environment as one of the two coal export customer filed for... More