NACCO Industries to Post Quarterly Earnings on Wednesday

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NACCO ($NYSE:NC) Industries is a publicly traded company that owns and operates a variety of businesses, including mining, retail, and industrial. NACCO Industries is scheduled to release their quarterly earnings report on Wednesday. NACCO Industries has been working to diversify their portfolio and increase their focus on shareholder value. The release of their quarterly earnings report will give investors a better idea of how the company is performing and what their future prospects look like. The release of their quarterly earnings report is an important event for investors to watch.

Earnings

In their latest report for FY2022 Q2, they earned a total revenue of 217.2M USD and a net income of 82.4M USD. There has been a 13.2% increase in total revenue and a 71.3% increase in net income. In the last 3 years, NACCO Industries‘ total revenue has reached from 128.4M USD to 217.2M USD.

Share Price

The company’s stock opened at $55.2 and closed at $54.2, down by 2.4% from its previous closing price of $55.5. NACCO Industries is a holding company that engages in a variety of businesses, including mining, consumer products, and industrial products. It is headquartered in Cleveland, Ohio.

VI Analysis

NACCO Industries is a holding company that operates in a number of industries, including mining, industrial equipment manufacturing, and home appliances. The company’s fundamentals reflect its long-term potential, and the VI app has detected 3 risk warnings in income sheet, balance sheet, cashflow statement. However, according to the VI Risk Rating, NACCO Industries is a medium risk investment in terms of financial and business aspects.

VI Peers

The company operates through its subsidiaries, which include The North American Coal Corporation, Hamilton Beach Brands Inc, and Kitchen Collection LLC. NACCO Industries Inc’s competitors include PT Prima Andalan Mandiri Tbk, Alliance Resource Partners LP, and PT ABM Investama Tbk.

– PT Prima Andalan Mandiri Tbk ($IDX:MCOL)

PT Prima Andalan Mandiri Tbk is an Indonesian holding company that is engaged in a number of businesses, including providing financial services, investment management, and insurance. The company has a market cap of 26.22 trillion as of 2022 and a return on equity of 69.24%. PT Prima Andalan Mandiri Tbk is headquartered in Jakarta, Indonesia.

– Alliance Resource Partners LP ($NASDAQ:ARLP)

Alliance Resource Partners LP is a coal producer and marketer with operations in the United States. The company has a market cap of $3.08 billion and a return on equity of 19.31%. Alliance Resource Partners LP produces and markets coal to utilities and industrial users in the United States. The company operates mines in Illinois, Indiana, Kentucky, Maryland, and West Virginia.

– PT ABM Investama Tbk ($IDX:ABMM)

ABM Investama Tbk is a publicly traded holding company with a market capitalization of 11.67 trillion as of 2022. The company has a diversified portfolio of businesses, including financial services, mining, and energy. The company has a strong balance sheet and a return on equity of 66.56%. The company is well-positioned to continue growing its businesses and generating shareholder value.

Summary

NACCO Industries is a holding company that operates in a diverse range of businesses, including mining, housewares, and specialty retail. Investors have been drawn to NACCO Industries for its strong performance and diversified business portfolio. The company has posted solid earnings growth in recent years, and its stock has been a consistent outperformer. The company’s strong performance and diversified business portfolio make it an attractive investment for growth-oriented investors.