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Suncoke Energy ( (SXC) ) just unveiled an announcement.
SunCoke Energy, Inc.’s third quarter 2024 results highlight a significant increase in net income and adjusted EBITDA, driven by operational efficiency and strategic agreements, including a key regulatory exemption reducing legacy liabilities. The company reported a net income of $33.3 million, a marked improvement from the prior year, and adjusted EBITDA of $75.3 million. SunCoke also extended its coke supply agreement with U.S. Steel and invested in coal handling capacity, bolstering its logistics segment, which contributed to the increased earnings guidance for the full year.
Learn more about SXC stock on TipRanks’ Stock Analysis page.