USLM Q2 revenues up 23% to $60.5M; net income down 7.7% to $1.80 EPS; declares $0.20 dividend

UNITED STATES LIME & MINERALS INC

2022-Q2 EPS reported $3.33 revenue$111,401,000

Revenues $60.5M (+23% YoY); net income $10.2M ($1.80 diluted EPS) vs $11.1M ($1.96) in Q2 2021.
Lime and limestone revenues $59.6M (+22.3%); gross profit $16.0M (-4.2%) as higher energy/transportation costs offset volume gains.
H1 2022 revenues $111.4M (+22.6%); net income $18.9M ($3.33 diluted) vs $18.1M ($3.20) a year ago.
Board declares regular quarterly cash dividend of $0.20/share, payable Sept 16, 2022 to holders of record Aug 26, 2022.
CEO notes price increases in H1 not enough to offset cost pressures; additional price increases planned for H2.

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