Suncoke Energy (SXC) Misses Q2 EPS by 4c

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Go back to Suncoke Energy (SXC) Misses Q2 EPS by 4c

SUNCOKE ENERGY, INC. REPORTS STRONG SECOND QUARTER 2022 RESULTS

August 2, 2022 6:45 AM EDT

Second quarter 2022 net income attributable to SXC was $18.0 million, or $0.21 per share; Year-to-date net income attributable to SXC was $47.5 million, or $0.56 per shareAdjusted EBITDA(1) for the quarter was $71.3 million, an increase of $3.3 million versus the prior year period; Year-to-date 2022 Adjusted EBITDA was $155.1 millionIncreased quarterly dividend to 8 cents per share; a 33% increaseEntered into a non-binding letter of intent with United States Steel Corporation ("U.S. Steel") that sets out the principal terms and conditions upon which SunCoke would acquire U.S. Steel's Granite City blast furnaces and build... More