Will SunCoke Energy, Inc. (NYSE:SXC) Beat Analysts View?

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SunCoke Energy, Inc. (NYSE:SXC) is reporting second quarter earnings results on Monday 3rd August 2020, before market open.

The consensus estimates from Thomson Reuters are loss of $ 0.07 per share from $ 239.10 million in revenue.

For the full year, analysts predict revenues of $ 1081.75 million, while looking forward to loss of $ 0.22 per share.

Previous Quarter Performance

SunCoke Energy, Inc. unveiled income for the first quarter of $ 0.05 per share, from the revenue of $ 382.70 million. The quarterly earnings contracted 66.67 percent while revenues shrunk 2.20 percent compared with the same quarter last year.
According to street consensus, SXC was expected to report 1Q20 income of $ 0.11 per share from revenue of $ 312.60 million. The bottom line results missed street analysts by $ 0.06 or 54.55 percent, at the same time, top line results outshined analysts by $ 70.10 million or 22.42 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of SunCoke Energy, Inc.

Stock Performance

According to the previous trading day, closing price of SXC was $ 3.19, representing a 36.91 % increase from the 52 week low of $ 2.33 and a 56.48 % decrease over the 52 week high of $ 7.33.

The company has a market capital of $ 264.01 million and is part of the Basic Materials sector and Coal industry.

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Recent Stock Dividend Announcement

On May 7, 2020, the board of directors authorized quarterly dividend of $ 0.06 per share to holders of record as of the close of business on May 21, 2020, with payment date of June 4, 2020 and ex-dividend date on May 20, 2020.

Conference Call

SunCoke Energy, Inc. will be hosting a conference call at 10:30 AM eastern time on 3rd August 2020, to discuss its 2Q20 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.