Welcome to our dedicated page for United Sts Lime & Minerals news (Ticker: USLM), a resource for investors and traders seeking the latest updates and insights on United Sts Lime & Minerals stock.
United States Lime & Minerals, Inc. (NASDAQ: USLM) is a Dallas, Texas-based manufacturer of lime and limestone products serving construction, industrial, environmental, metals, roof shingle manufacturing, agriculture, and oil and gas services industries. The USLM news page on Stock Titan aggregates the company’s official announcements and market-moving updates in one place.
Investors and analysts following USLM can use this feed to review quarterly and annual earnings releases, which detail revenues, lime and limestone revenues, gross profit, selling, general and administrative expenses, other income, and net income. The company’s news frequently explains how changes in sales volumes and average selling prices of lime and limestone products, along with demand from construction, environmental, industrial, metals, roof shingle, agriculture, and oil and gas services customers, affect its performance.
Company announcements also cover topics such as regular quarterly cash dividends, dividend increases, and corporate actions, including the 5-for-1 stock split of its common stock that became effective in July 2024. Management commentary in these releases often discusses demand trends by customer segment and the impact of factors such as weather conditions in the South-Central United States and energy costs on operations.
By checking this USLM news page, readers can quickly access the latest company-issued information, including Form 8-K–related earnings news releases referenced in SEC filings, and place United States Lime & Minerals’ financial and operational updates in the context of its lime and limestone manufacturing and limestone mining activities.
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United States Lime & Minerals (NASDAQ: USLM) reported strong fourth quarter and full year 2022 results. Q4 revenues reached $58.3 million, a 26.4% increase from Q4 2021's $46.1 million. Total revenues for 2022 were $236.2 million, up 24.8% from $189.3 million in 2021. The company also announced a quarterly cash dividend of $0.20 per share, payable on March 17, 2023. Net income for Q4 2022 was $10.8 million ($1.90 per share diluted), marking a 41.8% increase year-over-year. Challenges included increased production costs, yet overall performance was buoyed by rising demand in construction, industrial, and oil and gas sectors.
United States Lime & Minerals, Inc. (NASDAQ: USLM) reported strong financial results for Q3 2022, with revenues reaching $66.5 million, a 27.0% increase from Q3 2021. For the first nine months, revenues were $177.9 million, up 24.2%. Increased demand from construction and agriculture boosted lime and limestone sales, leading to a gross profit of $22.6 million in Q3, marking a 30.3% rise year-over-year. The company declared a $0.20 per share quarterly dividend, payable on December 16, 2022, encouraging shareholder confidence amid inflationary pressures.
United States Lime & Minerals, Inc. (NASDAQ: USLM) reported a revenue increase of 23.0% to $60.5 million for Q2 2022, up from $49.2 million in Q2 2021. For the first half of 2022, revenues rose to $111.4 million from $90.8 million, a 22.6% increase. The company's gross profit was $16.5 million, slightly down from $16.8 million in Q2 2021. SG&A expenses increased by 30.1% year-over-year. Net income decreased by 7.7% in Q2 2022 to $10.2 million but rose 4.3% in the first half. A quarterly dividend of $0.20 per share was declared, payable on September 16, 2022.
United States Lime & Minerals, Inc. (NASDAQ: USLM) reported a 22.2% increase in first quarter 2022 revenues to $50.9 million, compared to $41.7 million in Q1 2021. Net income rose 23.3% to $8.7 million ($1.53 per share diluted). The growth was driven by higher sales volumes and prices for lime and limestone products, despite rising production costs and ongoing supply chain issues. The Board declared a quarterly cash dividend of $0.20 per share, payable on June 17, 2022.
For the fourth quarter of 2021, United States Lime & Minerals (NASDAQ: USLM) reported revenues of $46.1 million, a 12.5% increase from $41.0 million in Q4 2020. Full-year revenues reached $189.3 million, up 17.8% year-over-year. Gross profit for Q4 was $13.3 million, a slight increase of 1.1%, and net income for the quarter was $7.6 million ($1.34 per share). The company declared a quarterly cash dividend of $0.20 per share, payable on March 18, 2022. Despite increases in costs and supply chain issues, USLM is optimistic about demand across various sectors.
United States Lime & Minerals (NASDAQ: USLM) reported strong third quarter 2021 results with revenues of $52.3 million, up 19.6% from $43.7 million in Q3 2020. Year-to-date revenues reached $143.1 million, a 19.6% increase. Lime and limestone operations contributed significantly, with a gross profit of $17.3 million for Q3 and $45.9 million year-to-date. The company declared a quarterly dividend of $0.16 per share, payable December 10, 2021. Potential risks include rising fuel costs and labor shortages amid ongoing COVID-19 challenges.
United States Lime & Minerals reported strong financial results for Q2 2021, with revenues of $49.2 million, a 30.9% increase year-over-year. For the first half of 2021, revenues reached $90.8 million, up 19.5%. Lime and limestone revenues contributed $48.7 million in Q2 alone. The gross profit surged to $16.8 million, marking a 62.2% increase. Net income climbed to $11.1 million ($1.96 per share diluted). The company also declared a quarterly cash dividend of $0.16 per share, payable on September 10, 2021.
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