United Sts Lime & Minerals Inc - USLM STOCK NEWS

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.

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.