NACCO Industries Q2 revenue up 30%

NACCO Industries

06/08/2025 21:45

Overview

NACCO Q2 2025 revenue rises 30% yr/yr to $68.2 million

Net income for Q2 2025 declines to $3.3 mln from $6.0 mln

Diluted EPS falls to $0.44 from $0.81, reflecting operational inefficiencies

Outlook

Company expects substantial increase in H2 2025 operating profit

NACCO anticipates lower full-year 2025 results due to insurance income in 2024

Company plans to terminate pension plan in Q4 2025, incurring settlement charge

Utility Coal Mining segment expects steady demand in H2 2025 and 2026

Result Drivers

OPERATIONAL CHALLENGES - Short-term operational disruptions and higher unallocated costs affected results, per CEO J.C. Butler

UTILITY COAL SEGMENT - Inefficiencies at a customer's power plant led to increased mining costs and lower operating profit

CONTRACT MINING - Reduced customer requirements and operational delays resulted in fewer mined tons delivered

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Rev
$68.2 mln
Q2 EPS
$0.44
Q2 Net Income
$3.26 mln
Q2 EBITDA
$9.26 mln
Q2 Operating Income
-$51,000


Press Release: ID:nPnsF9Pta

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)