SunCoke Energy (SXC) Scheduled to Post Earnings on Thursday

SunCoke Energy (NYSE:SXC) will be releasing its earnings data before the market opens on Thursday, October 31st. Analysts expect SunCoke Energy to post earnings of $0.23 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

SunCoke Energy (NYSE:SXC) last announced its earnings results on Wednesday, July 31st. The energy company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.03. The firm had revenue of $470.90 million during the quarter, compared to the consensus estimate of $410.35 million. SunCoke Energy had a return on equity of 9.56% and a net margin of 3.11%. The firm’s revenue for the quarter was down 11.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.24 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 Performance

Shares of NYSE SXC opened at $8.47 on Thursday. SunCoke Energy has a 12 month low of $7.47 and a 12 month high of $11.85. The company has a quick ratio of 1.19, a current ratio of 2.22 and a debt-to-equity ratio of 0.74. The company has a market cap of $712.24 million, a P/E ratio of 11.76 and a beta of 1.04. The business’s 50 day moving average is $8.47 and its two-hundred day moving average is $9.60.

SunCoke Energy Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Thursday, August 15th were paid a dividend of $0.12 per share. This is a boost 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 of this dividend was Thursday, August 15th. SunCoke Energy’s dividend payout ratio is presently 66.67%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of SunCoke Energy from a “hold” rating to a “buy” rating in a report 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.