secwatch.observer — SEC 8-K summary
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Issuer:     NACCO INDUSTRIES INC (NC)
CIK:        0000789933
Form:       8-K
Filed at:   2023-05-03T23:59:59+00:00
Accession:  0000789933-23-000037
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/789933/000078993323000037/0000789933-23-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/789933/000078993323000037/nacco-20230503.htm
  HTML page:      https://secwatch.observer/filing/0000789933-23-000037

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