The 10-second takeaway
For the quarter ended Dec. 31 (Q4), SunCoke Energy beat expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue grew significantly and GAAP earnings per share increased significantly.
Margins grew across the board.
SunCoke Energy logged revenue of $491.4 million. The four analysts polled by S&P Capital IQ hoped for a top line of $471.0 million on the same basis. GAAP reported sales were 19% higher than the prior-year quarter's $413.9 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.39. The six earnings estimates compiled by S&P Capital IQ anticipated $0.32 per share. GAAP EPS of $0.39 for Q4 were 255% higher than the prior-year quarter's $0.11 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 18.0%, 750 basis points better than the prior-year quarter. Operating margin was 9.0%, 800 basis points better than the prior-year quarter. Net margin was 5.6%, 370 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $427.2 million. On the bottom line, the average EPS estimate is $0.11.
Next year's average estimate for revenue is $1.76 billion. The average EPS estimate is $0.72.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 27 members out of 27 rating the stock outperform, and members rating it underperform. Among 10 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 10 give SunCoke Energy a green thumbs-up, and give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on SunCoke Energy is outperform, with an average price target of $19.00.
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