Brokerages expect that SunCoke Energy Inc (NYSE:SXC) will report earnings per share (EPS) of $0.12 for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for SunCoke Energy’s earnings, with estimates ranging from $0.11 to $0.12. SunCoke Energy posted earnings per share of $0.06 during the same quarter last year, which would indicate a positive year over year growth rate of 100%. The company is expected to report its next quarterly earnings results on Thursday, July 25th.

On average, analysts expect that SunCoke Energy will report full year earnings of $0.62 per share for the current fiscal year, with EPS estimates ranging from $0.54 to $0.70. For the next fiscal year, analysts forecast that the firm will report earnings of $0.87 per share, with EPS estimates ranging from $0.77 to $0.96. Zacks’ EPS calculations are a mean average based on a survey of analysts that that provide coverage for SunCoke Energy.

SunCoke Energy (NYSE:SXC) last released its earnings results on Wednesday, April 24th. The energy company reported $0.15 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.15. The company had revenue of $391.30 million during the quarter, compared to the consensus estimate of $357.85 million. SunCoke Energy had a return on equity of 4.01% and a net margin of 1.83%. The firm’s quarterly revenue was up 11.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.13 earnings per share.

A number of research firms have recently weighed in on SXC. ValuEngine downgraded SunCoke Energy from a “sell” rating to a “strong sell” rating in a research report on Wednesday, May 8th. Zacks Investment Research upgraded SunCoke Energy from a “hold” rating to a “buy” rating and set a $9.50 target price for the company in a research report on Tuesday, April 30th.

Shares of SXC stock traded up $0.31 on Tuesday, reaching $8.34. 1,630,887 shares of the stock were exchanged, compared to its average volume of 636,309. The company has a market capitalization of $535.13 million, a PE ratio of 20.79 and a beta of 1.12. SunCoke Energy has a one year low of $7.29 and a one year high of $13.96. The company has a current ratio of 1.78, a quick ratio of 1.08 and a debt-to-equity ratio of 1.21. The firm’s 50 day moving average price is $7.86.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SXC. Oregon Public Employees Retirement Fund bought a new stake in SunCoke Energy in the fourth quarter valued at about $25,000. Cullen Frost Bankers Inc. bought a new stake in SunCoke Energy in the first quarter valued at about $26,000. Bank of Montreal Can increased its holdings in SunCoke Energy by 31.2% in the first quarter. Bank of Montreal Can now owns 6,521 shares of the energy company’s stock valued at $55,000 after purchasing an additional 1,552 shares during the last quarter. Quantamental Technologies LLC increased its holdings in SunCoke Energy by 1,354.8% in the first quarter. Quantamental Technologies LLC now owns 6,765 shares of the energy company’s stock valued at $57,000 after purchasing an additional 6,300 shares during the last quarter. Finally, Wiley BROS. Aintree Capital LLC bought a new stake in SunCoke Energy in the fourth quarter valued at about $77,000. Institutional investors and hedge funds own 93.32% of the company’s stock.

SunCoke Energy Company Profile

SunCoke Energy, Inc operates as an independent producer of coke in the Americas. The company operates through three segments: Domestic Coke, Brazil Coke, and Logistics. It offers metallurgical and thermal coal. The company also provides handling and/or mixing services to steel, coke, electric utility, coal producing, and other manufacturing based customers.

See Also: Earnings Per Share (EPS) Explained

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Earnings History and Estimates for SunCoke Energy (NYSE:SXC)

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