SunCoke Energy (NYSE:SXC – Get Free Report) announced its earnings results on Tuesday. The energy company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.14, Briefing.com reports. The firm had revenue of $485.90 million for the quarter, compared to analyst estimates of $456.55 million. During the same period last year, the firm earned $0.26 earnings per share. SunCoke Energy’s revenue for the quarter was down .2% compared to the same quarter last year.
Here are the key takeaways from SunCoke Energy’s conference call:
- Third-quarter performance was strong, with consolidated Adjusted EBITDA rising $17.8 million year over year to $76.9 million. Domestic Coke benefited from sales mix and coal-to-coke yields, while Industrial Services gained from Phoenix and higher terminal volumes.
- Management expects full-year 2026 consolidated Adjusted EBITDA to modestly exceed its $250 million–$265 million guidance range, with both Domestic Coke and Industrial Services expected to reach or surpass the high end of their respective outlooks.
- SunCoke raised its 2026 free cash flow outlook to $180 million–$185 million, ended the quarter with approximately $276 million of liquidity, and used cash flow to reduce revolver borrowings while maintaining its $0.12 quarterly dividend.
- Fourth-quarter Industrial Services results are expected to be softer than the second and third quarters as steel mills and terminals slow around the holidays. The company is also still negotiating 2027 renewals for two contracts expiring in December, while a potential Middletown turbine insurance recovery is excluded from guidance and could extend into early 2027.
SunCoke Energy Price Performance
Shares of NYSE:SXC opened at $10.52 on Wednesday. The firm has a fifty day moving average of $9.88 and a two-hundred day moving average of $8.25. SunCoke Energy has a 12-month low of $5.51 and a 12-month high of $11.12.
SunCoke Energy Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Tuesday, November 17th will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Tuesday, November 17th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.6%.
Analyst Upgrades and Downgrades
Several brokerages recently issued reports on SXC. Wall Street Zen raised SunCoke Energy from a “hold” rating to a “buy” rating in a research note on Tuesday. Weiss Ratings raised SunCoke Energy from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, October 6th. Two research analysts have rated the stock with a Hold rating. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $9.00.
View Our Latest Research Report on SunCoke Energy
SunCoke Energy News Summary
Here are the key news stories impacting SunCoke Energy this week:
- Positive Sentiment: SunCoke reported third-quarter adjusted earnings of $0.25 per share, well above the $0.11 consensus estimate. Revenue of $485.9 million also exceeded expectations of approximately $456.6 million, supporting investor confidence in the company’s operating performance. SunCoke Energy earnings report
- Positive Sentiment: The earnings beat was the key catalyst, with reports characterizing the quarter as strong and noting that EPS substantially exceeded estimates. The company’s results may reinforce expectations for approximately $0.32 in full-year EPS. SunCoke Energy Q3 earnings
- Positive Sentiment: SunCoke declared a quarterly dividend of $0.12 per share, payable December 1 to shareholders of record November 17. The $0.48 annualized payout represents a yield of approximately 4.6%, which may appeal to income-focused investors. SunCoke Energy dividend announcement
- Neutral Sentiment: Management’s third-quarter earnings call transcripts provide additional commentary on operating results and the company’s outlook, but the supplied reports do not identify a specific new guidance change. SunCoke Energy Q3 2026 earnings call transcript
- Negative Sentiment: Revenue declined slightly year over year, from the comparable period, while EPS decreased from $0.26 a year earlier. SunCoke also reported a negative net margin of 2.88%, indicating that profitability remains a concern despite the quarterly earnings beat.
About SunCoke Energy
SunCoke Energy, Inc (NYSE:SXC) is a producer of metallurgical coke, a carbon-based fuel and reducing agent used in blast-furnace steelmaking. The company converts coal into coke through high-temperature processing and captures the resulting heat to generate energy, which can support its facilities and be sold to customers.
SunCoke operates coke-making facilities and related coal-handling, storage and logistics assets, primarily serving integrated steel producers in the United States. Its operations are designed to provide customers with a consistent supply of coke while also generating electricity and recovering other byproducts from the coke-production process.
The company was separated from Sunoco and became a publicly traded company in 2011.
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