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NACCO Industries (NC)
NYSE:NC
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
0.61Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 05, 2025
|% Change Since: 11.03%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Neutral
NACCO Industries demonstrated strong financial performance for 2024, with significant growth in adjusted EBITDA and positive contributions from various segments. However, challenges such as lower profitability in North American Mining due to hurricanes and inventory write-downs in the coal business balanced the positive outcomes. Overall, the sentiment leans towards optimism for future growth despite current challenges.Company Guidance
During NACCO Industries' 2024 Fourth Quarter and Full Year 2024 Earnings Conference Call, key financial metrics were highlighted. The company reported a fourth-quarter net income of $7.6 million, contributing to a full-year net income of $33.7 million. Fourth-quarter adjusted EBITDA rose by 27% to $9 million compared to 2023, while full-year adjusted EBITDA increased by 116% to $59.4 million. Significant contributions came from the Coal Mining segment, where segment-adjusted EBITDA more than quadrupled, and North American Mining, which saw a 35% increase in segment-adjusted EBITDA. Minerals Management also experienced a 21% increase in segment-adjusted EBITDA. Despite challenges in 2023, including a $65.9 million pre-tax asset impairment charge, NACCO Industries demonstrated resilience and growth in 2024, with the North American Mining segment reporting a full-year operating profit of $5.8 million, up 72% from 2023. Looking ahead to 2025, the company anticipates modest increases in consolidated operating profits, with continued progress in North American Mining and sustained performance in Minerals Management.Strong Financial Performance in 2024
NACCO Industries reported a robust 2024 fourth quarter net income of $7.6 million and full year net income of $33.7 million. Fourth quarter adjusted EBITDA of $9 million increased almost 27% over fourth quarter 2023, and full year adjusted EBITDA of $59.4 million increased 116% year-over-year.
Coal Mining Segment Success
The Coal Mining segment's adjusted EBITDA more than quadrupled from 2023. Earnings at unconsolidated Coal Mining operations improved, with increased earnings at both Coteau and Falkirk.
North American Mining Growth
North American Mining delivered a 35% increase in segment-adjusted EBITDA. Full year operating profit of $5.8 million was up 72% compared with 2023.
Minerals Management Expansion
Minerals Management generated a 21% increase in segment-adjusted EBITDA, with a $4.5 million gain on the sale of assets. The segment also invested $15.7 million in oil and natural gas assets expected to be accretive to future earnings.
Mitigation Resources Contribution
Mitigation Resources of North America contributed positively to operating profit and EBITDA during the 2024 fourth quarter and is expected to achieve full-year operating profit in 2025.
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NC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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NC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 05, 2025 | $32.28 | $33.61 | +4.12% |
| Oct 30, 2024 | $29.02 | $30.87 | +6.37% |
| Jul 31, 2024 | $29.44 | $28.08 | -4.62% |
| May 01, 2024 | $26.75 | $30.77 | +15.03% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does NACCO Industries (NC) report earnings?
NACCO Industries (NC) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is NACCO Industries (NC) earnings time?
NACCO Industries (NC) earnings time is at Apr 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NC EPS forecast?
Currently, no data Available
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