---
schema_version: "secwatch.filing_event.v1"
accession: "0000789933-23-000037"
form_type: "8-K"
ticker: "NC"
cik: "0000789933"
company_name: "NACCO INDUSTRIES INC"
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T01:58:31.329590+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# NACCO Q1 operating profit plunges 87.9% to $1.8M; EPS $0.76 vs $1.72 YoY

## Summary
- Consolidated net income $5.7M ($0.76 diluted EPS) vs $12.6M ($1.72) in Q1 2022.
- Operating profit dropped to $1.8M from $14.9M a year ago.
- EBITDA fell to $10.8M from $21.4M, down 49.7%.
- Decline driven by lower earnings in Coal Mining and Minerals Management segments.
- No guidance provided in the release; results significantly below prior year.

## SEC filing metadata
- accession: 0000789933-23-000037
- form_type: 8-K
- ticker: NC
- cik: 0000789933
- company_name: NACCO INDUSTRIES INC
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/789933/000078993323000037/0000789933-23-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/789933/000078993323000037/nacco-20230503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000789933-23-000037
- JSON: https://secwatch.observer/filing/0000789933-23-000037.json
- Plain text: https://secwatch.observer/filing/0000789933-23-000037.txt

## Key facts
- Earnings Releases
  NACCO INDUSTRIES INC reported three months ended March 31, 2023 results: net income $5.7 million, or $0.76/share, EPS $0.76.
  - Period: three months ended March 31, 2023
  - Net income: $5.7 million, or $0.76/share
  - EPS: $0.76
  - Result: reported results
  source text: NACCO Industries, Inc. (the “Company”) issued a press release announcing the unaudited financial results for the three months ended March 31, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/789933/000078993323000037/0000789933-23-000037-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.