SunCoke Energy reports Q2 EPS 25c vs. 24c last year

Reports Q2 revenue $470.9M, consensus $410.35M.”Our cokemaking and logistics segments continued to perform well during the second quarter. Our domestic coke plants continued running at full capacity, and our logistics segment continued to deliver strong results, handling 6 million tons during the quarter,” said Katherine Gates, President and CEO of SunCoke Energy, Inc. “The strong performance through the first half of the year positions us well to achieve the high end of our full-year Consolidated Adjusted EBITDA guidance in 2024. Additionally, our Board of Directors approved a 20% increase in quarterly dividends, from 10 cents to 12 cents per share, effective the next quarterly payment on September 3rd.”