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.
United States Lime & Minerals reported a first quarter 2021 revenue increase to $41.7 million, up 8.4% from $38.4 million in 2020, attributed primarily to sales growth in lime and limestone products. Gross profit rose to $11.8 million (up 19.5%), with net income of $7.0 million increasing 26.8% year-over-year. The company will pay a quarterly dividend of $0.16 per share on June 11, 2021. Despite challenges from the ongoing COVID-19 pandemic and severe winter storms, the company experienced strong demand from construction and environmental sectors.
United States Lime & Minerals (USLM) reported strong financial results for Q4 and full year 2020, with revenues of $41.0 million, up 8.0% from Q4 2019, and full-year revenues of $160.7 million, a 1.5% increase. The Carthage acquisition contributed significantly, adding $2.3 million in Q4 and $4.6 million for the year. Gross profit rose 34.8% to $13.2 million in Q4, driven by higher lime prices and operational efficiencies. The company declared a quarterly cash dividend of $0.16 per share, payable on March 12, 2021, marking ongoing shareholder returns.
United States Lime & Minerals (NASDAQ: USLM) reported Q3 2020 revenues of $43.7 million, a slight increase from $43.6 million in Q3 2019. Year-to-date revenues totaled $119.7 million, down 0.5% from the previous year. The Company acquired Carthage Crushed Limestone, contributing $2.3 million in revenue. Gross profit rose 5.2% to $14.2 million in Q3 2020, while net income was $9.3 million ($1.65 per share diluted). A quarterly dividend of $0.16 per share was declared, payable on December 11, 2020.
United States Lime & Minerals (NASDAQ: USLM) reported a 3.6% revenue decline to $37.5 million in Q2 2020, reflecting decreased demand primarily from oil and gas, steel, and environmental sectors. Despite this, gross profit increased to $10.4 million, up 6.5% year-over-year, driven by lower fuel costs and operational efficiencies. The company declared a $0.16 quarterly dividend payable on September 18, 2020. The acquisition of Carthage Crushed Limestone for $9 million is expected to enhance USLM's market position amid ongoing pandemic-related challenges.