United States Lime & Minerals Q2 revenue rises on higher construction, steel demand

United States Lime & Minerals

29/07/2026 22:21

Overview
US lime and limestone producer's Q2 revenue rose 8.3% yr/yr on higher construction and steel demand
Q2 net income increased 11.9% to $34.5 mln
Company maintained quarterly dividend at $0.06 per share

Outlook
Company anticipates data center projects will continue to support strong construction demand
United States Lime & Minerals expects new kiln at Texas facility to come online this summer

Result Drivers
CONSTRUCTION AND STEEL DEMAND - Co said increased sales volumes were mainly due to higher demand from construction and steel customers
HIGHER FUEL AND TRANSPORTATION COSTS - Gross profit gains were partially offset by increased fuel and transportation expenses
LOWER SG&A EXPENSES - SG&A expenses declined due to decreased stock-based compensation

Company press release: ID:nGNX9DxvHr

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
 
$99.13 mln
$108 mln (1 Analyst)
Q2 Net Income
 
$34.51 mln
 
Q2 Dividend
 
$0.06
 
Q2 Gross Profit
 
$46.72 mln
 
Q2 Operating Profit
 
$40.66 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 $130.00, about 14.3% above its July 28 closing price of $113.74
The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 23 three months ago

Reuters Recommended Reads
July 29 - Vulcan Materials beats quarterly profit estimates on strong construction materials demand
July 29 - Eagle Materials Q1 revenue beats estimates on cement volume growth
July 27 - Nucor Q2 revenue rises on steel mills segment growth

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.)