United States Lime & Minerals Q1 revenue falls on lower construction demand

United States Lime & Minerals

29/04/2026 22:57

Overview

Lime and limestone producer's Q1 revenue fell 3.7% yr/yr on lower construction and energy demand

Q1 net income declined 10.4% yr/yr as gross profit fell and costs rose

Company maintained quarterly dividend at $0.06 per share

Outlook

Company expects demand from construction customers to improve for the balance of the year

United States Lime & Minerals anticipates new Texas kiln project to start up this summer

Result Drivers

WEAK CONSTRUCTION, ENERGY DEMAND - Co said Q1 revenue fell mainly due to decreased demand from construction, oil and gas services, and roof shingle customers, partially offset by higher steel demand

HIGHER FUEL AND TRANSPORTATION COSTS - Co said gross profit decline was driven by decrease in revenues and increased fuel and transportation costs

Company press release: ID:nGNX2T2qP5

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
$87.83 mln
$102 mln (1 Analyst)
Q1 Net Income
$30.58 mln
Q1 Dividend
$0.06
Q1 Gross Profit
$41.75 mln
Q1 Operating Profit
$35.78 mln


Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the construction materials peer group is "buy"

Wall Street's median 12-month price target for United States Lime & Minerals Inc is $138.00, about 6.4% above its April 28 closing price of $129.70

The stock recently traded at 23 times the next 12-month earnings vs. a P/E of 25 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)