)
Overview
<ul>
<li>Coke supplier’s Q4 revenue missed analyst expectations due to lower contract sales volumes</li>
<li>Adjusted EBITDA for Q4 missed analyst estimates, impacted by contract breach and lower sales</li>
<li>Company extended Granite City and Haverhill II coke supply agreements through 2026 and 2028</li>
</ul>
Outlook
<ul>
<li>SunCoke expects 2026 Adjusted EBITDA between $230 mln and $250 mln</li>
<li>Company projects 2026 net income between $25 mln and $43 mln</li>
<li>SunCoke anticipates 2026 domestic coke sales of approximately 3.4 mln tons</li>
</ul>
Result Drivers
<ul>
<li>ALGOMA CONTRACT BREACH - Breach of contract by Algoma led to lower coke sales volumes and contributed to a significant asset impairment charge</li>
<li>HAVERHILL I CLOSURE - Closure of Haverhill I facility resulted in a non-cash asset impairment charge, impacting net income</li>
<li>PHOENIX GLOBAL ADDITION - Acquisition of Phoenix Global positively impacted Industrial Services segment, offsetting some declines</li>
</ul>
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q4 Beat $480.20 $432.90
Revenue mln mln (2
Analysts
)
<h3>Q4 EPS -$0.52</h3>
Q4 Net Miss -$85.60 $7.40
Income mln mln (2
Analysts
)
Q4 Miss $56.70 $60.35
Adjusted mln mln (2
EBITDA Analysts
)
Analyst Coverage
<ul>
<li>The current average analyst rating on the shares is “buy” and the breakdown of recommendations is 1 “strong buy” or “buy”, 1 “hold” and no “sell” or “strong sell”</li>
<li>The average consensus recommendation for the iron &amp; steel peer group is “buy”</li>
<li>Wall Street’s median 12-month price target for SunCoke Energy Inc is $10.00, about 25.2% above its February 13 closing price of $7.99</li>
<li>The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 13 three months ago</li>
</ul>
Press Release: For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact . (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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SunCoke Energy Q4 revenue rises on Phoenix Global acquisition