NACCO Industries (NC) Reports Q1 Net Income of $12.6M

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Go back to NACCO Industries (NC) Reports Q1 Net Income of $12.6M

NACCO INDUSTRIES ANNOUNCES FIRST QUARTER 2022 RESULTS

May 4, 2022 4:56 PM EDT

First Quarter NACCO Consolidated Highlights:

Operating profit increased to $14.9 million, up from $8.3 million in Q1 2021 primarily due to significantly improved earnings in the Minerals Management segmentNet income increased to $12.6 million, up 40.4% from $9.0 million in Q1 2021 EBITDA increased to $21.4 million, up 48.0% from Q1 2021Diluted earnings per share increased to $1.72/share from $1.25/share in Q1 2021

CLEVELAND, May 4, 2022 /PRNewswire/ -- NACCO Industries® (NYSE: NC) today announced consolidated operating profit... More