What does SunCoke Energy do and what are its main business segments?

What is the market's earnings forecast for SunCoke Energy next quarter?

What is SunCoke Energy's gross profit margin?

What were the key takeaways from SunCoke Energy’s earnings call?

What is SunCoke Energy's latest dividend and current dividend yield?

What guidance did SunCoke Energy's management provide for the next earnings period?

What is the revenue and EPS growth rate for SunCoke Energy year over year?

Did SunCoke Energy beat or miss consensus estimates last quarter?

- **2025 EBITDA Guidance Update**: $220-225 million due to 200,000 coke tons deferral, stored inventory, and legal recovery efforts.
- **Phoenix Acquisition Impact**: 2026 expected to benefit from full year contribution ($60M+ EBITDA) and logistics recovery.
- **Dividend Continuity**: $0.12 quarterly dividend declared, with Board review for 2026 sustainability.
- **Operational Challenges**: Lower contract volumes, production inefficiencies, and weak logistics volumes拖累 Domestic Coke segment performance.

**【Management Opening Remarks】**
- Shantanu Agrawal introduced the call, noting the completion of the Phoenix Global acquisition and the integration progress. He emphasized the revised 2025 EBITDA guidance of $220-225 million, reflecting the deferral of 200,000 coke tons due to a customer breach.

**【CEO Summary Section】**
- Q3 2025 adjusted EBITDA was $59.1 million, with sequential improvement but below expectations. The Phoenix acquisition added 2 months of results, offset by weak logistics volumes. The company expects 2026 synergies from Phoenix. 
- The breach of contract with Algoma resulted in $200,000 deferred coke sales, stored inventory, and revised guidance. The company is pursuing legal remedies to recover losses.
- A quarterly dividend of $0.12 per share was declared, with plans to continue the dividend based on Board approval.

**【CFO Financial Commentary】**
- Net income was $0.26 per share, down $0.10 YoY due to contract mix and operational issues. Adjusted EBITDA decreased 21% YoY to $59.1 million, driven by lower contract volumes and production inefficiencies.
- Free cash flow guidance was revised to negative $10-0 million for 2025, reflecting the $70 million unfavorable impact from deferred coke sales and transaction costs.
- Liquidity remained strong with $206 million post-acquisition, including $80.4 million cash and $126 million revolver availability.

**【Q&A Key Highlights】**
- **Customer Breach Confidence**: Management expressed confidence in enforcing the contract, with legal actions ongoing. The 200,000 tons deferral is a one-time event, not an annualized impact.
- **2026 Strategy**: Optimistic about full Phoenix contribution ($60M+ EBITDA) and modest logistics recovery. Coke plants (Middletown, Indiana Harbor, Jewell) provide long-term stability, while Haverhill and Granite City contracts are under negotiation.
- **Dividend Sustainability**: Despite near-term free cash flow breakeven, the Board will evaluate dividend continuation based on 2026 cash flow visibility.


SunCoke Energy, Inc. (SXC) Q3 2025 Earnings Call Transcript

Revenue

Sales and Services Revenue

Financing Services Revenue

Other Revenue

Cost of Revenue

Cost of Goods and Services

Cost of Financing Services

Other Cost

Gross Profit

Other Operating Income

Operating Expenses

Selling, General and Administrative Expenses

Selling and Marketing Expenses

General and Administrative Expenses

Research and Development Expenses

Loss on Bad Debts

Loss on Impairment of Other Assets

Loss on Disposal of Assets

Other Operating Expenses

Operating Income

Non-Operating Income (Loss)

Income (Loss) from Affiliates

Income (Loss) from Associates

Income (Loss) from Joint ventures

Gain (Loss) on Other Investment

Gain (Loss) on Change in Fair Value

Gain (Loss) on Foreign Currency Exchange

Other Non-Operating Income (Loss)

Net Interest Expense

Interest Expense

Interest Income

Pretax Income From Continuing Operations

Income Tax Expense

Current Income Tax

Deferred Income Tax

Income Tax Adjustments

Net Income from Continuing Operations

Income from Discontinued Operations

Other Items Before Net Income

Net Income

Net Income Attributable to Minority Interests

Net Income Attributable to Owners of the Company

Preferred Stock Dividends

Other Adjustments

Net Income Attributable to Common Stockholders

Other Comprehensive Income

Total Comprehensive Income

Total Comprehensive Income Attributable to Minority Interests

Total Comprehensive Income Attributable to Owners of the Company

Basic EPS

Basic EPS from Continuing Operations

Basic EPS from Discontinued Operations

Diluted EPS

Diluted EPS from Continuing Operations

Diluted EPS from Discontinued Operations

SXC

SXC fundamentals

You can ask Aime