SunCoke Energy reported a net income attributable to SXC of $30.7 million, or $0.36 per diluted share, compared to $7.0 million, or $0.08 per diluted share in the prior year period. Consolidated Adjusted EBITDA was $75.3 million, compared to $65.4 million in the prior year period. The company increased full-year 2024 Consolidated Adjusted EBITDA guidance range to $260 million - $270 million.
Net income attributable to SXC increased to $30.7 million from $7.0 million in the prior year period.
Consolidated Adjusted EBITDA increased to $75.3 million from $65.4 million in the prior year period.
Received a regulatory exemption from the DOL, eliminating the majority of legacy black lung liabilities for a one-time payment of $36.0 million, resulting in a one-time gain of $9.5 million.
Extended Granite City coke supply agreement with U.S. Steel through June 2025.
The company is increasing its full-year 2024 Consolidated Adjusted EBITDA guidance range to $260 million - $270 million, reflecting favorable logistics performance, and the gain resulting from the DOL regulatory exemption.
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