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SunCoke Energy reports Q1 EPS (5c) vs 20c last year

Reports Q1 revenue $455.1M vs $436M last year. “We are pleased with our performance in the first quarter, as we continued our seamless integration of Phoenix and executed on our operating plans,” said Katherine Gates, President and CEO of SunCoke Energy (SXC), Inc. “Our Industrial Services business continued to perform well and delivered solid quarterly results. As previously discussed, our Domestic Coke segment was impacted by severe winter weather and the Middletown turbine failure during the first quarter. We are currently operating well and expect to make up coke production tons during the balance of the year. Additionally, power production is expected to resume at our Middletown cokemaking facility late in the second quarter,” Gates continued, “From a capital allocation perspective, we generated strong operating cash flow, reduced borrowings under our revolver, and paid our quarterly dividend. We are well-positioned to deliver full-year 2026 Consolidated Adjusted EBITDA within our guidance range of $230 million – $250 million.”

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