SunCoke Energy (NYSE:SXC) Full Year 2024 Results
Key Financial Results
- Revenue: US$1.94b (down 6.2% from FY 2023).
- Net income: US$95.9m (up 67% from FY 2023).
- Profit margin: 5.0% (up from 2.8% in FY 2023). The increase in margin was driven by lower expenses.
- EPS: US$1.13 (up from US$0.68 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
SunCoke Energy Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 6.2%. Earnings per share (EPS) also surpassed analyst estimates by 8.7%.
The primary driver behind last 12 months revenue was the Domestic Coke segment contributing a total revenue of US$1.82b (94% of total revenue). Notably, cost of sales worth US$1.60b amounted to 83% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Depreciation & Amortisation (D&A) costs, amounting to US$118.9m (50% of total expenses). Explore how SXC's revenue and expenses shape its earnings.
Looking ahead, revenue is expected to decline by 9.3% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in the US are expected to grow by 6.0%.
Performance of the American Metals and Mining industry.
The company's shares are down 7.9% from a week ago.
Risk Analysis
It is worth noting though that we have found 3 warning signs for SunCoke Energy (1 is a bit unpleasant!) that you need to take into consideration.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NYSE:SXC
SunCoke Energy
Operates as an independent producer of coke in the Americas and Brazil.
Undervalued with solid track record and pays a dividend.