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 anticipated EPS of $0.180 on revenue of $421.6M.
SunCoke Energy shares are up 3.64% from the beginning of the year, still down 30.45% from its 52 week high of $9.82 set on March 4.
SunCoke Energy shares gained 14.20% in pre-market trade following the report.
SunCoke Energy follows other major Materials sector earnings this month
SunCoke Energy's report follows an earnings beat by Sherwin-Williams on October 25, who reported EPS of $2.83 on revenue of $6.05B, compared to forecasts EPS of $2.59 on revenue of $5.81B.
Freeport-McMoran had missed expectations on October 20 with third quarter EPS of $0.26 on revenue of $5B, compared to forecast for EPS of $0.3167 on revenue of $5.37B.
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