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BRIEF-Nacco Industries, Inc Announces Q3 Earnings Per Share $1.14

Published 2020-11-02, 05:14 p/m
© Reuters.

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

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