NACCO Industries (NC) Reports Q4 EPS of $3.52

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NACCO Industries, Inc. Announces Fourth Quarter And Full Year 2014 Results

March 9, 2015 5:13 PM EDT

CLEVELAND, March 9, 2015 /PRNewswire/ -- NACCO Industries, Inc. (NYSE: NC) today announced financial results for the fourth quarter and full year 2014.

Revenues for the fourth quarter of 2014 were $297.3 million compared with revenues of $312.0 million in the fourth quarter of 2013. 

North American Coal recorded a non-cash impairment charge of $105.1 million, or $66.4 million after tax, for the fourth quarter of 2014 related to the long-lived assets of its Reed Minerals mining operations.  A detailed discussion of this impairment charge, which was previously disclosed in a Form 8-K filed on February 13, 2015, and the Reed... More