Brief: Nacco Industries reports Q3 loss per share $0.07

NACCO Industries

01/11/2016 21:16

Nov 1 (Reuters) - Nacco Industries Inc  NC.N  - 
    * Nacco Industries Inc announces third quarter 2016 results 
    * During Q3 of 2016, company's North American coal 
subsidiary recorded a non-cash impairment charge of $17.4 
million 
    * North American coal expects an increase in tons sold in Q4 
of 2016 compared with Q4 of 2015 
    * Cash flow before financing activities in Q4 and for full 
year 2016 is expected to be substantially lower 
    * Overall for full year 2016, excluding centennial, North 
American coal's operating profit is expected to decrease 
compared with 2015 
    * Achievement of goal to increase earnings of unconsolidated 
mines by 50 pct is currently expected to occur in 2018 
    * Q3 loss per share $0.07 
    * Q3 revenue $220.8 million 
    * Q3 adjusted earnings per share $2.70 excluding items 
 
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