SunCoke Energy (NYSE:SXC) issued its earnings results on Tuesday. The energy company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.17), Briefing.com reports. The company had revenue of $407.50 million for the quarter, compared to analysts’ expectations of $369.30 million. SunCoke Energy had a net margin of 1.83% and a return on equity of 4.01%. The company’s revenue was up 11.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.06 earnings per share.
NYSE SXC traded down $0.39 on Wednesday, hitting $7.77. The company’s stock had a trading volume of 627,263 shares, compared to its average volume of 998,410. SunCoke Energy has a 52-week low of $7.29 and a 52-week high of $12.04. The company has a debt-to-equity ratio of 1.21, a quick ratio of 1.08 and a current ratio of 1.78. The firm’s 50-day simple moving average is $8.46. The firm has a market capitalization of $515.59 million, a price-to-earnings ratio of 19.41 and a beta of 1.23.
Several equities research analysts recently weighed in on SXC shares. ValuEngine cut Valero Energy from a “hold” rating to a “sell” rating in a report on Wednesday, May 8th. Zacks Investment Research cut Farmland Partners from a “hold” rating to a “sell” rating in a report on Friday, July 12th.
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. 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.
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