Nucor earnings beat by $0.08, revenue fell short of estimates
Investing.com - SunCoke Energy reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
SunCoke Energy announced earnings per share of $0.490 on revenue of $517M. Analysts polled by Investing.com EPS of $0.180 on revenue of $421.6M.
SunCoke Energy 's are up 3.64% and is trading at $7.800 , still down 30.45% from its 52 week high of $9.82 set on Friday, March 4, 2022.
SunCoke Energy shares gained 14.20% to trade at $7.800 in pre-market trade the report.
SunCoke Energy follows other major Materials sector earnings this month
SunCoke Energy's report follows an earnings beat by Sherwin-Williams on Tuesday, October 25, 2022, who reported EPS of $2.83 on revenue of $6.05B, EPS of $2.59 on revenue of $5.81B.
Freeport-McMoran had missed expectations on Thursday, October 20, 2022 with third quarter EPS of $0.26 on revenue of $5B, for EPS of $0.3167 on revenue of $5.37B.
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