secwatch / observer
8-K filed March 6, 2024, 6:59 PM ET ticker NC CIK 0000789933
earnings confidence high sentiment negative materiality 0.80

NACCO Q4 net loss $44M ($5.88/share) on $65.9M impairment; FY 2024 outlook positive

NACCO INDUSTRIES INC

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

NACCO INDUSTRIES INC reported Three Months Ended December 31, 2023 results: net income $(44.0), EPS $(5.88). Guidance initiated.

Period
Three Months Ended December 31, 2023
Net income
$(44.0)
EPS
$(5.88)
Guidance
initiated
Result
reported results
Exact text from the filing
Three Months Ended Year Ended ($ in millions except per share amounts) 12/31/23 12/31/22 $ Change 12/31/23 12/31/22 $ Change Operating Profit (Loss) $(67.4) $15.5 $(82.9) $(70.1) $70.0 $(140.1) Net Income (Loss) $(44.0) $13.8 $(57.8) $(39.6) $74.2 $(113.8) Diluted Earnings (loss)/share $(5.88) $1.84 $(7.72) $(5.29) $10.06 $(15.35) Adjusted EBITDA* $7.1 $23.6 $(16.5) $27.5 $88.2 $(60.7)
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 0.9

NACCO INDUSTRIES INC updated its Year Ending December 31, 2024 guidance (initiated).

Period
Year Ending December 31, 2024
Guidance
initiated
Result
guidance update
Exact text from the filing
2024 Consolidated Outlook • Expect to report positive full-year net income compared with substantial 2023 loss
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 0.95

NACCO INDUSTRIES INC reported Year Ended December 31, 2023 results: net income $(39.6), EPS $(5.29). Guidance initiated.

Period
Year Ended December 31, 2023
Net income
$(39.6)
EPS
$(5.29)
Guidance
initiated
Result
reported results
Exact text from the filing
Three Months Ended Year Ended ($ in millions except per share amounts) 12/31/23 12/31/22 $ Change 12/31/23 12/31/22 $ Change Operating Profit (Loss) $(67.4) $15.5 $(82.9) $(70.1) $70.0 $(140.1) Net Income (Loss) $(44.0) $13.8 $(57.8) $(39.6) $74.2 $(113.8) Diluted Earnings (loss)/share $(5.88) $1.84 $(7.72) $(5.29) $10.06 $(15.35) Adjusted EBITDA* $7.1 $23.6 $(16.5) $27.5 $88.2 $(60.7)
View on SEC.gov

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NACCO INDUSTRIES INC filing history →

Source: SEC EDGAR
accession 0000789933-24-000017
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