SunCoke Energy (SXC) Projected to Post Quarterly Earnings on Thursday

SunCoke Energy (NYSE:SXC) is projected to post its quarterly earnings results before the market opens on Thursday, January 30th. Analysts expect SunCoke Energy to post earnings of $0.24 per share and revenue of $373.50 million for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

SunCoke Energy (NYSE:SXC) last released its quarterly earnings results on Thursday, October 31st. The energy company reported $0.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.14. SunCoke Energy had a return on equity of 12.95% and a net margin of 4.37%. The firm had revenue of $490.10 million for the quarter, compared to the consensus estimate of $412.70 million. During the same quarter last year, the business posted $0.08 EPS. The firm’s quarterly revenue was down 5.8% compared to the same quarter last year. On average, analysts expect SunCoke Energy to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

SunCoke Energy Stock Performance

NYSE SXC traded up $0.04 on Tuesday, reaching $9.91. The stock had a trading volume of 492,031 shares, compared to its average volume of 819,076. The stock has a market cap of $832.91 million, a P/E ratio of 9.94 and a beta of 1.08. SunCoke Energy has a 12-month low of $7.47 and a 12-month high of $12.82. The business’s 50-day moving average price is $11.24 and its 200 day moving average price is $10.04. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.27 and a current ratio of 2.22.

SunCoke Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 14th were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 4.85%. The ex-dividend date was Thursday, November 14th. SunCoke Energy’s payout ratio is currently 48.00%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on SXC shares. StockNews.com raised SunCoke Energy from a “hold” rating to a “buy” rating in a research report on Wednesday, October 16th. Benchmark reiterated a “buy” rating and issued a $13.00 price objective on shares of SunCoke Energy in a research report on Tuesday, November 5th.

About SunCoke Energy

SunCoke Energy, Inc operates as an independent producer of coke in the Americas and Brazil. The company operates through three segments: Domestic Coke, Brazil Coke, and Logistics. It offers metallurgical and thermal coal. The company also provides handling and/or mixing services to steel, coke, electric utility, coal producing, and other manufacturing based customers.