NCNACCO Industries, Inc.
NACCO Industries, Inc. (NC) sells coal and consumable fuels, primarily through its utility coal mining and miner operations. The next catalyst is Nov 4, 2026 — Q3 2026 Earnings Release, which will test whether the company can deliver a positive surprise on revenue and guidance, following a recent bearish print.
- Revenue grew 16.6% YoY to $279.93M in the second quarter of 2026.
- Free cash flow (TTM) reached $42.70M, with a net margin of 10.7%.
- Debt-to-equity ratio stands at 0.24x, suggesting a relatively conservative capital structure.
The Read
9% on Q4 2025 earnings due to a 42% jump in gross profit and 95% surge in operating profit despite a net loss, but fell 14%.
The schedule
- Wed4Nov
The release will test whether NC can deliver consistent earnings guidance and maintain margin stability, following a recent Q2 report that underperformed on mix and cost control.
- Fri15Jan
The policy update will test NC's exposure to regulatory changes in the coal sector, which could impact its operations and financial performance.
- Wed3Feb
This report will test NC's ability to sustain earnings momentum and provide forward-looking guidance, especially with the recent regulatory environment impacting the sector.
- Wed5May
The release will test NC's ability to maintain earnings momentum and provide clarity on capital allocation, following a recent Q4 report that showed mixed results on cost control.
- Wed4Aug
This report will test NC's ability to deliver consistent earnings and provide forward-looking guidance, especially with the recent regulatory environment impacting the sector.
Past
- Wed5Aug
Actual outcome: Bear · $41.26 at outcome
NACCO Industries reported a net loss of $0.13 per share for Q2 2026, driven by $12.0 million in solar asset impairment charges. Although the company saw stronger operating performance in its utility coal mining and minerals businesses, the significant impairment charges overshadowed these gains, causing the stock to fall 9.7% and break below the bear floor.
Q2 2026 earnings release evaluating volume shipments, unassigned coal deliveries, and operating margins.
- Wed4Mar
Actual outcome: Bull · $48.91 at outcome
NACCO Industries reported Q4 2025 earnings that met expectations with an EPS of -$0.52, as a $6.0 million non-cash pension settlement charge and tax adjustments drove a headline net loss. The stock reacted positively because the company demonstrated strong underlying operational improvements, highlighted by a 42% increase in gross profit and a 95% surge in operating profit year-over-year. Investors rewarded this improved operating momentum across all three reportable segments, looking past the one-time accounting charges.
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