SunCoke Energy Inc. (SXC) released earnings for its second quarter that increased from the same period last year and beat the Street estimates.
The company's earnings came in at $21.5 million, or $0.25 per share. This compares with $20.4 million, or $0.24 per share, in last year's second quarter.
Analysts on average had expected the company to earn $0 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 11.9% to $470.9 million from $534.4 million last year.
SunCoke Energy Inc. earnings at a glance (GAAP) :
-Earnings (Q2): $21.5 Mln. vs. $20.4 Mln. last year.
-EPS (Q2): $0.25 vs. $0.24 last year.
-Revenue (Q2): $470.9 Mln vs. $534.4 Mln last year.
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