---
schema_version: "secwatch.filing_event.v1"
accession: "0000789933-23-000053"
form_type: "8-K"
ticker: "NC"
cik: "0000789933"
company_name: "NACCO INDUSTRIES INC"
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T03:34:48.023635+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# NACCO Industries posts Q3 net loss of $3.8M vs $10.6M profit in prior year

## Summary
- Net loss of $3.8M ($0.51 diluted loss) vs net income of $10.6M ($1.45 diluted EPS) in Q3 2022.
- Operating loss of $6.3M vs operating profit of $9.8M in Q3 2022.
- Adjusted EBITDA dropped to $0.4M from $22.1M in prior year quarter.
- Nine-month net income of $4.4M ($0.58/share) down 93% from $60.4M ($8.24/share) in 2022.
- Company expects modest Q4 income before tax and significant full-year 2024 income improvement.

## SEC filing metadata
- accession: 0000789933-23-000053
- form_type: 8-K
- ticker: NC
- cik: 0000789933
- company_name: NACCO INDUSTRIES INC
- filed_at: 2023-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/789933/000078993323000053/0000789933-23-000053-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/789933/000078993323000053/nacco-20231101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000789933-23-000053
- JSON: https://secwatch.observer/filing/0000789933-23-000053.json
- Plain text: https://secwatch.observer/filing/0000789933-23-000053.txt

## Key facts
- Earnings Releases
  NACCO INDUSTRIES INC reported three and nine months ended September 30, 2023 results: net income Net income (loss) $(3,832) $10,614 (136.1)% $4,380 $60,376 (92.7)%, EPS Earnings (loss)/share $(0.51) $1.45 (135.2)% $0.58 $8.24 (93.0)%.
  - Period: three and nine months ended September 30, 2023
  - Net income: Net income (loss) $(3,832) $10,614 (136.1)% $4,380 $60,376 (92.7)%
  - EPS: Earnings (loss)/share $(0.51) $1.45 (135.2)% $0.58 $8.24 (93.0)%
  - Result: reported results
  source text: On November 1, 2023, NACCO Industries, Inc. (the “Company”) issued a press release announcing the unaudited financial results for the three and nine months ended September 30, 2023, a copy of which is attached as Exhibit 99 to this Current Report on Form 8-K.
  evidence_url: https://www.sec.gov/Archives/edgar/data/789933/000078993323000053/0000789933-23-000053-index.htm

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