SunCoke Energy reported a net income attributable to SXC of $20.0 million, or $0.23 per diluted share, compared to $16.3 million, or $0.19 per diluted share in the prior year period. Consolidated Adjusted EBITDA was $67.9 million, compared to $67.1 million in the prior year period. The company reaffirmed its full-year 2024 Consolidated Adjusted EBITDA guidance range of $240 million to $255 million.
Net income attributable to SXC increased $3.7 million year-over-year.
Consolidated Adjusted EBITDA increased $0.8 million year-over-year.
Domestic coke plants continued running at full capacity.
Logistics segment handled 5.5 million tons during the quarter.
SunCoke Energy provided the following outlook for 2024: Domestic Coke total production is expected to be approximately 4.1 million tons, Consolidated Net Income is expected to be between $67 million and $84 million, Consolidated Adjusted EBITDA is expected be between $240 million and $255 million, Capital expenditures are projected to be between $75 million and $80 million, Operating cash flow is estimated to be between $185 million to $200 million, Cash taxes are projected to be between $20 million to $25 million.
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