NACCO Q3 net income falls to $10.6M from $24.8M; operating profit $9.8M

NACCO INDUSTRIES INC

2022-Q3 EPS reported $8.24 revenue$178,185,000

Consolidated operating profit $9.8M vs $27.6M in Q3 2021; includes $3.9M impairment and $0.8M retirement charges.
Net income $10.6M ($1.45/diluted share) vs $24.8M ($3.47/diluted share) a year ago.
Adjusted EBITDA $22.1M, down 5.0% from Q3 2021; prior-year included $10.3M contract termination fee.
Coal Mining segment earnings decreased; Minerals Management and ethanol equity interest partly offset.

item 2.02 item 9.01

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Earnings Releases SEC 8-K Item 2.02 confidence 1.0

NACCO INDUSTRIES INC reported financial results for the three and nine months ended September 30, 2022.

Period: the three and nine months ended September 30, 2022
Result: reported results

Exact text from the filing

issued a press release announcing the unaudited financial results for the three and nine months ended September 30, 2022

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Source: SEC EDGAR

accession 0000789933-22-000061

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