SunCoke Energy (SXC) Expected to Announce Quarterly Earnings on Thursday

SunCoke Energy (NYSE:SXC) will likely be issuing its quarterly earnings data before the market opens on Thursday, January 30th. Analysts expect the company to announce earnings of $0.24 per share and revenue of $373.50 million for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

SunCoke Energy (NYSE:SXC) last posted its quarterly earnings results on Thursday, October 31st. The energy company reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.14. The company had revenue of $490.10 million for the quarter, compared to analyst estimates of $412.70 million. SunCoke Energy had a net margin of 4.37% and a return on equity of 12.95%. The business’s quarterly revenue was down 5.8% on a year-over-year basis. During the same period last year, the business posted $0.08 EPS. 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 Up 0.3 %

Shares of SXC opened at $9.90 on Wednesday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.27 and a current ratio of 2.22. The company has a 50-day simple moving average of $11.19 and a 200-day simple moving average of $10.04. SunCoke Energy has a 52 week low of $7.47 and a 52 week high of $12.82. The firm has a market capitalization of $832.07 million, a P/E ratio of 9.90 and a beta of 1.08.

SunCoke Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 14th were issued a $0.12 dividend. The ex-dividend date was Thursday, November 14th. This represents a $0.48 annualized dividend and a yield of 4.85%. SunCoke Energy’s dividend payout ratio (DPR) is 48.00%.

Analysts Set New Price Targets

SXC has been the topic of several recent research reports. StockNews.com raised SunCoke Energy from a “hold” rating to a “buy” rating in a report on Wednesday, October 16th. Benchmark reissued a “buy” rating and issued a $13.00 price target on shares of SunCoke Energy in a report on Tuesday, November 5th.

SunCoke Energy Company Profile

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.