Brief: Nacco Industries, Inc Announces Q3 Earnings Per Share $1.14

NACCO Industries

02/11/2020 22:14

Nov 2 (Reuters) - Nacco Industries Inc  NC.N :
    * NACCO INDUSTRIES, INC. ANNOUNCES THIRD QUARTER 2020
RESULTS
    * Q3 EARNINGS PER SHARE $1.14
    * ENDED Q3 WITH CONSOLIDATED CASH ON HAND OF $97.6 MILLION
AND
DEBT OF $23.1 MILLION
    * NACCO INDUSTRIES - QTRLY REVENUES $32.3 MILLION VERSUS
$32.6
MILLION
    * EXPECTS A MODEST INCREASE IN CONSOLIDATED OPERATING PROFIT
IN Q4
OF 2020 OVER 2019
    * SEES A SIGNIFICANT DECREASE IN FULL-YEAR 2020 CONSOLIDATED
OPERATING PROFIT AND NET INCOME COMPARED WITH 2019
    * CONSOLIDATED CAPEX ARE EXPECTED TO BE ABOUT $30 MILLION IN
Q4 ,
ABOUT $50 MILLION FOR FULL YEAR
    * IN 2021, NACCO EXPECTS CONSOLIDATED NET INCOME TO DECREASE
SIGNIFICANTLY FROM 2020

Source text for Eikon:  ID:nPn5GrFQZa 
Further company coverage:  NC.N 

 ((Reuters.Briefs@thomsonreuters.com;))