NACCO Industries, Inc. (NC) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by. My name is Tina, and I will be your conference operator today. At this time, I would like to welcome everyone to the NACO Industries Third Quarter 2025 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. To ask a question, press star 1 on your telephone keypad. To withdraw your question, press star 1 again. Thank you. It is now my pleasure to turn it all over to Christy Cometo with Investor Relations. Please go ahead. Good morning, everyone, and thank you for joining us for today's third quarter 2025 earnings call. I'm Christina Cometo, and I oversee Investor Relations here at NACO. I'm joined by our president and CEO, J.C. Butler, and our senior vice president and controller, Elizabeth Lovman. Yesterday evening, we released our third quarter results and filed our 10-Q with the SEC. Both are available on our website for your reference. Before we get into the results, let me remind you that today's discussion will include forward-looking statements. As always, actual outcomes could differ materially due to various risks and uncertainties, which are outlined in our earnings release, 10-Q, and other findings. We undertake no obligation to update these statements. We'll also be referencing certain non-GAAP metrics to give you a clearer picture of how we think about our business. Reconciliations to GAAP can be found in the materials we posted online. Lastly, as a reminder, during the second quarter, we changed the names of our reportable segments. Coal mining was renamed utility coal mining. North American mining is now contract mining. And minerals management was renamed minerals and royalties. Segment composition and historical r...