SunCoke Energy, Inc. (NYSE:SXC) is reporting third quarter earnings results on Friday 6th November 2020, before market open.
The consensus estimates from Thomson Reuters are loss of $ 0.04 per share.
For the full year, analysts predict revenues of $ 1224.50 million, while looking forward to income of $ 0.04 per share.
Previous Quarter Performance
SunCoke Energy, Inc. recorded income for the second quarter of $ 0.08 per share, from the revenue of $ 338.00 million. The quarterly earnings developed 166.67 percent compared with the same quarter last year. According to street consensus, SXC was expected to report 2Q20 loss of $ 0.07 per share from revenue of $ 239.10 million. The bottom line results beat street analysts by $ 0.15 or 214.29 percent, at the same time, top line results outshined analysts by $ 98.90 million or 41.36 percent.
Stock Performance
Shares of SunCoke Energy, Inc. traded up $ 0.04 or 1.18 percent on Thursday, reaching $ 3.44 with volume of 864.20 thousand shares. SunCoke Energy, Inc. has traded high as $ 3.54 and has cracked $ 3.36 on the downward trend
According to the previous trading day, closing price of $ 3.44, representing a 45.92 % increase from the 52 week low of $ 2.33 and a 48.8 % decrease over the 52 week high of $ 6.64.
The company has a market capital of $ 284.72 million and is part of the Basic Materials sector and Coal industry.
Recent Stock Dividend Announcement
On August 3, 2020, the board of directors authorized quarterly dividend of $ 0.06 per share to holders of record as of the close of business on August 18, 2020, with payment date of September 1, 2020 and ex-dividend date on August 17, 2020.
Conference Call
SunCoke Energy, Inc. will be hosting a conference call at 10:00 AM eastern time on 6th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.suncoke.com
SunCoke Energy, Inc. operates as an independent producer of coke in the Americas. The company operates through three segments: Domestic Coke, Brazil Coke, and Logistics.
