SunCoke Energy Shares Fall Despite Higher Q2 Earnings, Revenue

MT Newswires Live

Jul 30

SunCoke Energy, Inc. (SXC) shares were down 20% in Thursday trading even after the company reported higher second-quarter earnings and revenue.

The company reported Q2 GAAP earnings Thursday of $0.15 per diluted share, up from $0.02 a year earlier.

Two analysts surveyed by FactSet expected $0.08.

Revenue for the quarter ended June 30 was $475.3 million, up from $434.1 million a year earlier.

Two analysts expected $445.2 million.

The company's board maintained a quarterly dividend of $0.12 per share, payable on Sept. 2 to shareholders of record on Aug. 17.

Price: 7.48, Change: -1.89, Percent Change: -20.14

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(SXC) shares were down 20% in Thursday trading even after the company reported higher second-quarter earnings and revenue.</p><p>The company reported Q2 GAAP earnings Thursday of $0.15 per diluted share, up from $0.02 a year earlier.</p><p>Two analysts surveyed by FactSet expected $0.08.</p><p>Revenue for the quarter ended June 30 was $475.3 million, up from $434.1 million a year earlier.</p><p>Two analysts expected $445.2 million.</p><p>The company's board maintained a quarterly dividend of $0.12 per share, payable on Sept. 2 to shareholders of record on Aug. 17.</p><p>Price: 7.48, Change: -1.89, Percent Change: -20.14</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SXC","symbol_name":"SunCoke Energy","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2655805514","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2655805514","pubTimestamp":1785419631,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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