United States Lime & Minerals ( (USLM) ) has released its Q1 earnings. Here is a breakdown of the information United States Lime & Minerals presented to its investors.
United States Lime & Minerals, Inc., headquartered in Dallas, Texas, is a NASDAQ-listed company specializing in the production of lime and limestone products for various industries including construction, industrial, and environmental sectors.
In its first quarter of 2025, United States Lime & Minerals reported a significant increase in revenues, reaching $91.3 million, up from $71.7 million in the same period last year. The company attributes this growth to higher sales volumes and increased selling prices of its lime and limestone products, particularly in the construction and environmental sectors.
Key financial highlights include a gross profit increase of 50.8% to $46.2 million and a net income rise of 52% to $34.1 million. The company also reported a rise in selling, general, and administrative expenses, primarily due to increased personnel costs. Additionally, the company declared a regular quarterly cash dividend of $0.06 per share.
Looking ahead, United States Lime & Minerals remains optimistic about continued demand from its construction customers, bolstered by ongoing large-scale projects. The company is poised to maintain its growth trajectory, leveraging its strategic position in the lime and limestone market.