SunCoke Energy sees FY13 EPS 30c-55c, consensus 48c Sees FY13 adjusted EBITDA $205M-$230M. Sees FY CapEx and investments ~$200M, cash flow from ops ~$140M. Sees FY effective tax rate 7%-14%. Sees FY domestic coke production 4.3M+ tons, coal production ~1.4M tons. Says implementing aggressive coal action plan. Says expects continued difficult demand/price environment for coal. Comments taken from Investor Presentation slides.
SunCoke Energy sees FY15 domestic coke production approx. 4.3M tons SunCoke Energy (SXC) reaffirms 2015 guidance excluding expected benefits of Convent Marine Terminal acquisition and Granite City 23% dropdown: Domestic coke production is expected to be approximately 4.3 million tons; Domestic coke Adjusted EBITDA per ton is expected to be at the lower end of our $55 per ton and $60 per ton range; Consolidated Adjusted EBITDA is expected to be between $190M-$210M; Adjusted EBITDA attributable to SXC is expected to be between $115M-$130M, reflecting the impact of public ownership in SXCP (SXCP); Capital expenditures are projected to be approximately $80M; Cash generated by operations is estimated to be between $125M-$145M; Cash taxes are projected to be approximately $10M.