USLM Q1 revenue up 31% to $66.8M; EPS $3.00 vs $1.53; declares $0.20 dividend

UNITED STATES LIME & MINERALS INC

2023-Q1 EPS reported $3.00 revenue$66,777,000

Revenue $66.8M (+31.2% YoY) on higher lime/limestone prices and volumes from construction demand.
Net income $17.1M ($3.00 diluted EPS) vs $8.7M ($1.53) a year ago; gross profit +65.8%.
Lime and limestone revenue $66.5M (+32.3%); gross profit $24.1M (+69.5%).
Regular quarterly cash dividend of $0.20/share declared, payable June 16, 2023 to holders of record May 26.
Management notes ongoing production cost pressure and potential recessionary demand headwinds.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

UNITED STATES LIME & MINERALS INC reported first quarter 2023 results: revenue $66.8 million, net income $17.1 million ($3.00 per share diluted), EPS $3.00 per share diluted.

Period: first quarter 2023
Revenue: $66.8 million
Net income: $17.1 million ($3.00 per share diluted)
EPS: $3.00 per share diluted
Result: reported results

Exact text from the filing

Dallas, Texas, May 3, 2023 - United States Lime & Minerals, Inc. (NASDAQ: USLM) today reported first quarter 2023 results: The Company’s revenues in the first quarter 2023 were $66.8 million, compared to $50.9 million in the first quarter 2022, an increase of $15.9 million, or 31.2%. Lime and limestone revenues were $66.5 million in the first quarter 2023, compared

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Source: SEC EDGAR

accession 0001558370-23-007908

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