SunCoke Energy Q4 EPS $0.16 Beats $0.13 Estimate, Sales $520.60M Beat $403.05M Estimate
Portfolio Pulse from Benzinga Newsdesk
SunCoke Energy (NYSE:SXC) reported Q4 earnings of $0.16 per share, surpassing the $0.13 estimate, and sales of $520.60M, exceeding the $403.05M estimate. This represents a 14.29% increase in earnings and a 1.28% increase in sales from the same period last year.
February 01, 2024 | 12:36 pm
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SunCoke Energy (SXC) reported a significant beat on both earnings and sales estimates for Q4, with earnings per share at $0.16 and sales at $520.60M.
Beating both earnings and sales estimates significantly, especially by 23.08% for earnings and 29.17% for sales compared to analyst expectations, indicates strong financial performance and operational efficiency. This outperformance, particularly when it represents growth from the same period last year, is likely to positively influence investor sentiment and potentially lead to a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100