SUNCOKE ENERGY Reports FY2022 Q4 Earnings Results on February 2, 2023.
February 23, 2023
Earnings Overview
On February 2 2023, SUNCOKE ENERGY ($BER:S01) announced its earnings results for Q4 of Fiscal Year 2023, ending on December 31 2022. Total revenue dropped by 7.1% year-over-year, standing at USD 11.8 million. Conversely, net income soared by 40.7%, amounting to USD 514.0 million.
Stock Price
On Thursday, stock of the company opened at €8.1 and closed at €8.1, which is a decrease of 1.8% from the prior closing price of €8.2. The earnings results showed that despite a challenging quarter due to the coronavirus pandemic, the company was able to remain resilient and report a strong financial performance.
Additionally, Suncoke demonstrated a significant reduction in operating expenses, which contributed to their financial stability. With a successful quarter, Suncoke Energy is optimistic about their future outlook. The company is confident that they will be able to maintain their financial stability in the coming year, as well as look to grow their operations and expand into new markets. They are looking to build upon their current success and anticipate reporting even better results in the quarters to come. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Suncoke Energy. More…
| Total Revenues | Net Income | Net Margin |
| 1.97k | 100.7 | 5.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Suncoke Energy. More…
| Operations | Investing | Financing |
| 208.9 | -70.2 | -112.5 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Suncoke Energy. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.65k | 1.03k | 7.02 |
Key Ratios Snapshot
Some of the financial key ratios for Suncoke Energy are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 7.2% | 14.2% | 7.8% |
| FCF Margin | ROE | ROA |
| 6.8% | 16.5% | 5.8% |
Analysis
GoodWhale has conducted an analysis of SUNCOKE ENERGY, taking into account financial and business aspects. Our Risk Rating system has deemed SUNCOKE ENERGY as a medium risk investment, meaning that while there are potential risks, the potential reward can outweigh them. We have detected two risk warnings on the income sheet and balance sheet of SUNCOKE ENERGY. If you’re interested in finding out more information regarding these warnings, you can visit our website, goodwhale.com, to access our detailed reports and analysis. More…
Summary
SUNCOKE ENERGY recently reported its fiscal year 2022 fourth quarter results for the period ending December 31 2022. Overall, the company experienced a 7.1% decline in total revenue from the prior year, however net income was up 40.7%. Analysts recommend investors to consider the current performance of SUNCOKE ENERGY when making their decision to invest.
The company’s positive net income growth suggests that future earnings potential could be promising. Moreover, analysts encourage investors to vigilantly monitor the market, as well as company news, to stay updated on SUNCOKE ENERGY’s financial performance.
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