Suncoke Energy (SXC) Tops Q3 EPS by 31c

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Go back to Suncoke Energy (SXC) Tops Q3 EPS by 31c

SUNCOKE ENERGY, INC. REPORTS RECORD THIRD QUARTER 2022 RESULTS

October 31, 2022 6:45 AM EDT

Third quarter 2022 net income attributable to SXC was $41.4 million, or $0.49 per share; Year-to-date net income attributable to SXC was $88.9 million, or $1.05 per shareAdjusted EBITDA(1) for the quarter was a record $83.7 million, an increase of $9.8 million versus the prior year period; Year-to-date 2022 Adjusted EBITDA was $238.8 millionSunCoke's Board of Directors approved a capital project that will enable our Jewell facility to produce 100% foundry coke, while maintaining flexibility to shift between blast and foundry coke productionExpect to surpass our full year 2022 Adjusted EBITDA guidance high end of $285 million, mainly driven by higher margins on... More