SunCoke Energy (SXC) Set to Announce Earnings on Thursday

SunCoke Energy (NYSE:SXC - Get Free Report) is scheduled to release 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. Individual interested in registering for the company's earnings conference call can do so using this link.

SunCoke Energy (NYSE:SXC - Get Free Report) last announced its quarterly earnings results on Wednesday, July 31st. The energy company reported $0.25 earnings per share 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 for the quarter, compared to analyst estimates of $410.35 million. During the same quarter last year, the business earned $0.24 EPS. SunCoke Energy'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 Down 0.1 %

Shares of NYSE SXC traded down $0.01 during trading on Thursday, hitting $8.45. 574,180 shares of the company traded hands, compared to its average volume of 836,218. 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 firm has a market capitalization of $710.43 million, a P/E ratio of 11.90 and a beta of 1.04. The company has a 50-day moving average price of $8.46 and a 200-day moving average price of $9.59. SunCoke Energy has a 1 year low of $7.47 and a 1 year high of $11.85.

SunCoke Energy Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Thursday, August 15th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 5.68%. The ex-dividend date of this dividend was Thursday, August 15th. This is an increase from SunCoke Energy's previous quarterly dividend of $0.10. SunCoke Energy's payout ratio is 67.61%.

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.