SunCoke Energy, Inc. Reports Second Quarter 2020 Results And Reissues 2020 Guidance

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Go back to SunCoke Energy, Inc. Reports Second Quarter 2020 Results And Reissues 2020 Guidance

Suncoke Energy (SXC) Tops Q2 EPS by 15c, Revenues Beat; Provides Revised FY20 Fiscal Outlook

August 3, 2020 6:46 AM EDT

Suncoke Energy (NYSE: SXC) reported Q2 EPS of $0.08, $0.15 better than the analyst estimate of ($0.07). Revenue for the quarter came in at $338 million versus the consensus estimate of $239.1 million.

"We recognize that COVID-19 has significantly impacted the steel industry as evident from recent steel capacity utilization rates. In response to the market challenges presented by COVID-19, we have taken proactive actions to work with our customers and provide near-term coke supply relief in... More