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Stock impact report

SunCoke Energy, Inc. Reports Third Quarter 2024 Results

SunCoke Energy, Inc. (SXC) 
Last suncoke energy, inc. earnings: 1/29 06:45 am Check Earnings Report
Company Research Source: Business Wire
Third quarter 2024 net income was $33.3 million, compared to $8.5 million in the prior year period; third quarter 2024 net income attributable to SXC was $30.7 million, or $0.36 per diluted share, compared to $7.0 million, or $0.08 per diluted share in the prior year periodConsolidated Adjusted EBITDA(1) for the quarter was $75.3 million, compared to $65.4 million in the prior year periodReceived a regulatory exemption from the United States Department of Labor (DOL), eliminating the majority of our legacy black lung liabilities in exchange for a one-time payment of $36.0 million, resulting in a one-time gain of $9.5 millionExtended Granite City coke supply agreement with U.S. Steel through June 2025Signed a three-year, take-or-pay coal handling agreement at Kanawha River Terminal, beginning in Q2 2025; capital investment of $12 million to develop additional handling capacityIncreasing full-year 2024 Consolidated Adjusted EBITDA(1) guidance range to $260 million - $270 million, reflec Show less Read more
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