NYSE$SXC
SunCoke Energy Inc · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
Reported solid operating performance from cokemaking and logistics segments.
SunCoke Energy reported third quarter 2023 results with a net income attributable to SXC of $7.0 million, or $0.08 per share. Consolidated Adjusted EBITDA was $65.4 million, a decrease of $18.3 million versus the prior year period. The company is well positioned to achieve the high end of full-year 2023 Consolidated Adjusted EBITDA guidance range of $250 million to $265 million.
- Net income attributable to SXC was $7.0 million, or $0.08 per share.
- Consolidated Adjusted EBITDA for the quarter was $65.4 million, a decrease of $18.3 million versus the prior year period.
- Revenues increased $3.6 million as compared to the same prior year period, primarily driven by the pass-through of higher coal prices on our long-term, take-or-pay agreements, partially offset by lower volumes in the logistics segment.
- Company remains well positioned to achieve the high end of its 2023 Consolidated Adjusted EBITDA guidance range.
Headline financials
Revenue & EPS history
SunCoke · Revenue · Quarterly
$520M
Revenue by segment
SunCoke · $496M total across 1 segment · Q3 2023
- Domestic Coke$496M+1.6%100.0%
Forward guidance
SunCoke Energy expects to achieve the high end of its full-year 2023 Consolidated Adjusted EBITDA guidance range of $250 million to $265 million.
Tailwinds
- Domestic Coke total production is expected to be approximately 4.0 million tons
- Consolidated Net Income is expected to be between $49 million and $68 million
- Consolidated Adjusted EBITDA is expected be on the high end of $250 million and $265 million
- Operating cash flow is estimated to be between $200 million to $215 million
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2023
+0.9%
Avg return
Earnings day
-0.3%
Avg return
5 days after
+2.8%
Avg return
30 days after
54%
34 / 63 earnings
Positive
+64.3%
Q4 2015
Best reaction
-35.2%
Q3 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.9% | +6.1% | +34.5% | |
| Q4 2025 | -14.2% | -22.2% | -22.0% | |
| Q3 2025 | -17.2% | -17.8% | -18.0% | |
| Q1 2025 | -7.6% | -8.3% | -16.9% | |
| Q4 2024 | -3.2% | -2.8% | -8.9% | |
| Q3 2024 | +13.9% | +27.7% | +44.5% | |
| Q2 2024 | -4.6% | -15.3% | -17.6% | |
| Q1 2024 | -1.7% | -0.3% | +2.3% | |
| Q4 2023 | +11.1% | +7.8% | +5.4% | |
| Q3 2023 | -4.5% | -4.1% | -0.5% | |
| Q2 2023 | +10.6% | +3.7% | +4.7% | |
| Q1 2023 | +3.1% | +5.6% | -2.0% | |
| Q4 2022 | -0.5% | +4.9% | +13.2% | |
| Q3 2022 | +10.5% | +22.4% | +23.9% | |
| Q2 2022 | -6.4% | -6.8% | -12.4% | |
| Q1 2022 | +0.6% | -3.0% | -2.3% | |
| Q4 2021 | +3.8% | +10.9% | +35.5% | |
| Q3 2021 | -4.7% | -4.4% | -16.6% | |
| Q2 2021 | +13.3% | +11.4% | +3.8% | |
| Q1 2021 | +2.9% | +12.6% | +13.2% | |
| Q4 2020 | +3.8% | +4.3% | +19.5% | |
| Q3 2020 | +4.4% | +4.7% | +50.9% | |
| Q2 2020 | +1.6% | -1.3% | +7.5% | |
| Q1 2020 | +9.4% | -8.7% | +38.8% | |
| Q4 2019 | -0.9% | +11.9% | -16.9% | |
| Q3 2019 | +7.0% | +5.1% | -5.3% | |
| Q2 2019 | -15.7% | -23.7% | -30.0% | |
| Q1 2019 | -0.9% | -0.5% | -11.4% | |
| Q4 2018 | -6.6% | -9.1% | -17.7% | |
| Q3 2018 | +13.2% | +12.5% | +1.4% | |
| Q2 2018 | -9.3% | -13.0% | -13.9% | |
| Q1 2018 | +7.5% | +5.8% | +22.0% | |
| Q4 2017 | -13.0% | -19.5% | -8.2% | |
| Q3 2017 | +5.6% | +4.5% | +7.4% | |
| Q2 2017 | -14.5% | -19.7% | -14.7% | |
| Q1 2017 | +18.8% | +17.3% | +3.9% | |
| Q4 2016 | -8.2% | -17.1% | -10.2% | |
| Q3 2016 | +10.4% | +17.4% | +39.0% | |
| Q2 2016 | -4.7% | -11.1% | -18.4% | |
| Q1 2016 | +0.9% | — | — | |
| Q4 2015 | +64.3% | — | — | |
| Q3 2015 | -35.2% | — | — | |
| Q2 2015 | +7.0% | — | — | |
| Q1 2015 | +10.0% | — | — | |
| Q4 2014 | -8.9% | — | — | |
| Q3 2014 | +6.2% | — | — | |
| Q2 2014 | +7.0% | — | — | |
| Q1 2014 | -1.2% | — | — | |
| Q4 2013 | +4.7% | — | — | |
| Q3 2013 | +2.4% | — | — | |
| Q2 2013 | +4.7% | — | — | |
| Q1 2013 | -5.2% | — | — | |
| Q4 2012 | +1.1% | — | — | |
| Q3 2012 | -1.8% | — | — | |
| Q2 2012 | +8.7% | — | — | |
| Q1 2011 | -2.9% | — | — | |
| Q1 2012 | +2.0% | — | — | |
| Q4 2011 | +0.7% | — | — | |
| Q3 2011 | +1.8% | — | — | |
| Q3 2010 | +1.8% | — | — | |
| Q4 2010 | -8.3% | — | — | |
| Q4 2009 | -8.3% | — | — | |
| Q2 2011 | -8.3% | — | — | |
| Q2 2010 | — | — | — | |
| Q1 2010 | — | — | — |
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