SunCoke Energy Q2 EPS $0.25 Beats $0.21 Estimate, Sales $470.90M Beat $410.35M Estimate
Portfolio Pulse from Benzinga Newsdesk
SunCoke Energy (NYSE:SXC) reported Q2 earnings per share of $0.25, beating the analyst estimate of $0.21. Sales were $470.90 million, surpassing the $410.35 million estimate. Despite the beats, sales decreased by 11.88% compared to the same period last year.
July 31, 2024 | 11:38 am
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SunCoke Energy reported Q2 EPS of $0.25, beating estimates by 19.05%. Sales of $470.90M also beat estimates but were down 11.88% YoY.
The positive earnings and sales beats are likely to boost investor confidence in the short term, despite the year-over-year sales decline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100