SunCoke Energy Inc (SXC) Q3 2024: Everything You Need To Know Ahead Of Earnings

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Oct 30, 2024

SunCoke Energy Inc (SXC, Financial) is set to release its Q3 2024 earnings on Oct 31, 2024. The consensus estimate for Q3 2024 revenue is $409.95 million, and the earnings are expected to come in at $0.22 per share. The full year 2024's revenue is expected to be $1.79 billion and the earnings are expected to be $0.92 per share. More detailed estimate data can be found on the Forecast page.

SunCoke Energy Inc (SXC, Financial) Estimates Trends

Over the past 90 days, revenue estimates for SunCoke Energy Inc (SXC) have shown an upward trend for the full year 2024, increasing from $1.73 billion to $1.79 billion. However, the estimates for 2025 have slightly declined from $1.62 billion to $1.62 billion. Earnings estimates have also seen an increase for 2024, rising from $0.84 per share to $0.92 per share, while for 2025, they have slightly decreased from $0.71 per share to $0.70 per share.

SunCoke Energy Inc (SXC, Financial) Reported History

In the previous quarter of 2024-06-30, SunCoke Energy Inc's (SXC) actual revenue was $470.90 million, which beat analysts' revenue expectations of $410.35 million by 14.76%. SunCoke Energy Inc's (SXC) actual earnings were $0.25 per share, which beat analysts' earnings expectations of $0.215 per share by 16.28%. After releasing the results, SunCoke Energy Inc (SXC) was up by 7.64% in one day.

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SunCoke Energy Inc (SXC, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 2 analysts, the average target price for SunCoke Energy Inc (SXC) is $12 with a high estimate of $13 and a low estimate of $11. The average target implies an upside of 39.21% from the current price of $8.62.

Based on GuruFocus estimates, the estimated GF Value for SunCoke Energy Inc (SXC, Financial) in one year is $7.76, suggesting a downside of -9.98% from the current price of $8.62.

Based on the consensus recommendation from 2 brokerage firms, SunCoke Energy Inc's (SXC, Financial) average brokerage recommendation is currently 2.5, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.