SunCoke Energy Q2 EPS $0.24 Beats $0.19 Estimate, Sales $534.40M Beat $371.60M Estimate
Portfolio Pulse from Benzinga Newsdesk
SunCoke Energy (NYSE:SXC) reported Q2 earnings of $0.24 per share, beating the analyst consensus estimate of $0.19 by 26.32%. This is a 14.29% increase from the same period last year. The company also reported quarterly sales of $534.40 million, beating the analyst consensus estimate of $371.60 million by 43.81%. This is a 6.48% increase from the same period last year.
August 01, 2023 | 11:59 am
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SunCoke Energy's Q2 earnings and sales exceeded analyst estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock price in the short term.
SunCoke Energy's Q2 earnings and sales have exceeded analyst estimates, which is typically a positive signal for investors and can lead to an increase in the company's stock price. The reported earnings and sales also show an increase from the same period last year, further indicating a strong financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100