NACCO Industries, Inc. provided consolidated earnings and operating guidance for the full year of 2024. For the quarter, the company expects to generate net income compared with the substantial 2023 consolidated net loss, which included a $65.9 million impairment charge. These improvements are primarily due to anticipated increased profitability at the Coal Mining segment from improved results at Mississippi Lignite Mining Company, Falkirk and Coteau. The effect of North American Mining's growth and profit improvement initiatives are also expected to contribute to improved 2024 results.

For the full year, the Company expects overall coal deliveries to increase modestly from 2023 levels primarily due to anticipated higher deliveries at Coteau and Falkirk. These improvements are expected to be partly offset by reduced deliveries at Mississippi Lignite Mining Company, due to an ongoing boiler issue, and the cessation of coal deliveries at the Company's Sabine Mine in April 2023.