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

SunCoke Energy (NYSE:SXC) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, October 31st. Analysts expect SunCoke Energy to post earnings of $0.23 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

SunCoke Energy (NYSE:SXC) last issued its earnings results on Wednesday, July 31st. The energy company reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.03. SunCoke Energy had a net margin of 3.11% and a return on equity of 9.56%. The company had revenue of $470.90 million during the quarter, compared to analyst estimates of $410.35 million. During the same quarter last year, the business posted $0.24 EPS. The company’s revenue for the quarter was down 11.9% on a year-over-year basis. 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 Trading Up 0.2 %

NYSE SXC opened at $8.47 on Thursday. The company has a current ratio of 2.22, a quick ratio of 1.19 and a debt-to-equity ratio of 0.74. SunCoke Energy has a 1-year low of $7.47 and a 1-year high of $11.85. The firm’s fifty day simple moving average is $8.47 and its 200-day simple moving average is $9.60. The company has a market capitalization of $712.24 million, a PE ratio of 11.76 and a beta of 1.04.

SunCoke Energy Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Thursday, August 15th were given a $0.12 dividend. This is a positive change from SunCoke Energy’s previous quarterly dividend of $0.10. This represents a $0.48 annualized dividend and a yield of 5.67%. The ex-dividend date was Thursday, August 15th. SunCoke Energy’s dividend payout ratio is presently 66.67%.

Analysts Set New Price Targets

Separately, StockNews.com raised SunCoke Energy from a “hold” rating to a “buy” rating in a research note on Wednesday, October 16th.

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.