SunCoke Energy Inc. Q2 Profit Rises, Beats Estimates

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.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com