SunCoke Energy Reports Strong Second Quarter Earnings and Raises Full-Year Guidance
SunCoke Energy (SXC) reported strong financial results for the second quarter of 2026, with consolidated adjusted EBITDA reaching $69.6 million—up from $43.6 million in the prior year period. The increase was driven by higher terminal handling volumes and the addition of Phoenix Global's operations. Net income also rose to $0.15 per diluted share, up $0.13 compared to Q2 2025. The company raised its full-year EBITDA guidance from a range of $230 million to $250 million to between $250 million and $265 million due to strong performance across both business segments. Domestic Coke Adjusted EBITDA increased slightly, while Industrial Services saw significant growth thanks to the Phoenix acquisition. SunCoke also updated its operating cash flow guidance upward and reported progress on debt reduction and capital expenditures. The company remains optimistic about continued momentum in 2026 despite some near-term challenges like facility shutdowns.
Tickers: $SXC