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NACCO Industries, Inc. - NC STOCK NEWS

Welcome to our dedicated news page for NACCO Industries (Ticker: NC), a resource for investors and traders seeking the latest updates and insights on NACCO Industries.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect NACCO Industries's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of NACCO Industries's position in the market.

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End-of-Day
1.93%
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0.57%
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Rhea-AI Summary
NACCO Industries reported a decline in consolidated operating profit, net income, and EBITDA for Q1 2023 compared to Q1 2022. The decrease was primarily due to lower earnings in the Coal Mining and Minerals Management segments. However, the company had a significant decrease in income tax expense and received other income from a post-closing purchase price adjustment. The outlook for the Coal Mining segment in 2023 is a moderate decrease in coal deliveries and a significant decrease in operating profit and EBITDA. The North American Mining segment expects a moderate decrease in operating profit but an improvement in Segment Adjusted EBITDA. The Minerals Management segment also experienced a significant decrease in revenue, operating profit, and Segment Adjusted EBITDA.
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-1.11%
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-1.11%
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1.73%
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-2.35%
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1.09%
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-7.65%
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-6.4%
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4.7%
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NACCO Industries, Inc.

NYSE:NC

NC Rankings

NC Stock Data

205.51M
3.11M
33.23%
44.17%
0.14%
Bituminous Coal and Lignite Surface Mining
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
CLEVELAND

About NC

nacco industries, inc., headquartered in cleveland, ohio, is an operating holding company with subsidiaries in the following principal industries: mining, small appliances and specialty retail. the north american coal corporation mines steam coal primarily for use in power generation and provides selected value-added mining services for other natural resources companies. hamilton beach brands, inc. is a leading designer, marketer and distributor of small electric household and specialty housewares appliances, as well as commercial products for restaurants, bars and hotels. the kitchen collection, llc is a national specialty retailer of kitchenware in outlet and traditional malls throughout the united states. for more information about nacco, visit the company's website at www.nacco.com.