Quarterly ResultOct 30, 2026, 04:51 PM
USLM Q3 Revenue Up 4.1% to $106.2M; Net Income Down 1.9%
AI Summary
United States Lime & Minerals Inc. reported a 4.1% increase in third-quarter revenue to $106.2 million, driven by higher selling prices and sales volumes, particularly from steel customers. However, net income saw a slight decrease of 1.9% to $38.0 million ($1.32 per diluted share) compared to the prior year's third quarter. This was attributed to increased transportation and fuel costs, as well as production inefficiencies during the integration of a new kiln at their Texas plant. The company also announced a regular quarterly cash dividend of $0.06 per share.
Key Highlights
- Revenues increased 4.1% to $106.2M in Q3 2026, driven by higher prices and volumes.
- Net income decreased 1.9% to $38.0M ($1.32/share diluted) in Q3 2026 from $38.8M ($1.35/share diluted) in Q3 2025.
- Gross profit decreased 2.7% to $50.8M in Q3 2026 due to higher fuel and transportation costs.
- Capital expenditures were $50.2M in the first nine months of 2026, including $24.5M for the Texas kiln project.
- Cash and cash equivalents increased to $439.2M as of September 30, 2026.
- The company declared a regular quarterly cash dividend of $0.06 per share, payable December 11, 2026.
Price Impact
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