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 reports recurring developments tied to its lime and limestone operations, including sales volumes, average selling prices, gross profit, fuel and transportation costs, and demand trends by customer market. The company manufactures lime and limestone products for construction, industrial, environmental, steel, oil and gas services, roof shingle, and agricultural uses.
Company news commonly covers quarterly and full-year financial results, regular cash dividend declarations, customer demand shifts, weather-related shipping effects, and operating updates involving production facilities and expansion projects.
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.
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.