SunCoke Energy Q3 EPS $0.08 Vs $0.49 YoY, Sales $520.40M Beat $382.70M Estimate
Portfolio Pulse from Benzinga Newsdesk
SunCoke Energy (NYSE:SXC) reported Q3 earnings of $0.08 per share, missing the analyst consensus estimate of $0.18 by 55.56%. This is a 83.67% decrease YoY. However, the company reported quarterly sales of $520.40 million, beating the analyst consensus estimate of $382.70 million by 35.98%, a 0.70% increase YoY.
November 01, 2023 | 11:36 am
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NEGATIVE IMPACT
SunCoke Energy's Q3 earnings missed estimates by 55.56% and decreased 83.67% YoY. However, sales beat estimates by 35.98% and increased 0.70% YoY.
SunCoke Energy's Q3 earnings significantly missed analyst estimates and decreased YoY, which could negatively impact the stock price. However, the company's sales beat estimates and increased YoY, which could offset some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100