NACCO Industries, Inc. Announces Fourth Quarter and Full-Year 2019 Results
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NACCO Industries (NC) Reports Q4 EPS of $0.91
March 4, 2020 5:17 PM ESTNACCO Industries (NYSE: NC) reported Q4 EPS of $0.91, versus $1.57 reported last year. Revenue for the quarter came in at $26.9 million, versus $39.05 million reported last year.
Consolidated Outlook:
Overall, in 2020, NACCO expects a modest decrease in operating profit compared with 2019 mainly due to the substantial decrease in Minerals Management's results and an increase in consolidated operating expenses, partly offset by expected improvements in earnings at both the Coal Mining and North American Mining segments.
Consolidated net income in 2020 is expected to decrease compared with 2019, predominantly in... More
