NC Earnings Prediction
The chart below shows how NC performed 10 days before and after its earnings report, based on data from the past quarters. Typically, NC sees a +4.09% change in stock price 10 days leading up to the earnings, and a -1.30% change 10 days following the report. On the earnings day itself, the stock moves by +0.00%. This data can give you a slight idea of what to expect for the next quarter's release.
NC Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
61.66M
32.46%
17.79%
Gross Margin
11.54%
290.74%
-12.51%
Operating Margin
-15.20%
-62.64%
-26.46%
Net Margin
25.36%
408.14%
122.26%
EPS
2.14
519.61%
164.20%
No Data Available
NC Earnings Analysis
NACCO Industries, Inc. Corporation (NC.N) Earnings Conference Call
Positive
Strong Q3 Performance: Our 2024 third quarter was another strong quarter for us.
Operating Profit Surge: Our consolidated operating profit increased over 197% from last year's third quarter loss.
Operating Profit and Net Income: We reported operating profit of $19.7 million and net income of $15.6 million, which equated to $2.14 per share.
EBITDA Surge: EBITDA increased to $25.7 million from $400,000 in 2023.
Quarterly Revenue Increase: Minerals Management's third quarter revenues of $8.8 million increased 54% from $5.7 million a year ago.
Negative
Coal Mining Revenue Decline: Coal mining revenues declined primarily due to fewer deliveries at the Red Hills power plant compared with 2023 when the plant was operational for an entire quarter.
Operating Loss Reported: North American Mining reported an operating loss of approximately $0.5 million versus profit of $900,000 in 2023.
Cash and Debt Analysis: The consolidated cash at the end of the quarter was approximately $63 million, with debt of $70 million, indicating a significant financial burden.
Receivable Reserve Impact: The company established a $900,000 reserve against their receivable, which could impact future cash flows.
Earnings vs. Cost Inflation: Despite a projected increase in earnings for the fourth quarter of 2024, cost inflation is anticipated to affect Mississippi Lignite Mining Company's results.
NC FAQs
How does NC typically perform around its earnings report dates?
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NC Earning Call Sentiment
NACCO Industries, Inc. (NC) Q3 2024 Earnings Call Transcript
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NC.N
-0.53%Positive
The earnings call summary presents a mixed picture. Financial performance is strong with a significant profit turnaround and improved EBITDA, positively impacting sentiment. However, concerns arise from the Q&A section, particularly regarding customer financial difficulties and unclear responses about contract specifics. The share repurchase program is a positive signal, while anticipated cost inflation and potential production decline in 2025 are negatives. Overall, the sentiment is moderately positive, but tempered by uncertainties and mixed future outlook.
