Overview
NACCO Q3 2025 revenue grows 24% yr/yr, driven by Contract Mining and Minerals segments
Operating profit declines due to prior-year insurance recovery, underlying performance improves
Net income falls 15% yr/yr, significant tax benefits mitigate decline
Outlook
Company expects Q4 2025 operating profit to be comparable to prior year
NACCO anticipates lower full-year 2025 operating profit than 2024
Company projects significant decrease in 2025 net income and EBITDA
Result Drivers
CONTRACT MINING - Segment revenue grew due to increased customer demand and higher parts sales
MINERALS AND ROYALTIES - Segment benefited from higher natural gas prices, improving earnings and royalty revenues
UTILITY COAL MINING - Revenue rose 11% due to increased coal deliveries, but contractual pricing reduced sales price
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 EPS | $1.78 | ||
Q3 Net Income | $13.25 mln | ||
Q3 EBITDA | $12.53 mln | ||
Q3 Operating Income | $6.78 mln |
Press Release: ID:nPn8cPGHpa
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)