United States Lime & Minerals Q3 revenue rises on higher prices, volumes

United States Lime & Minerals

30/10/2026 20:48

Overview
Lime and limestone producer's Q3 revenue rose 4% yr/yr on higher prices and volumes
Gross profit and net income fell due to higher costs and Texas kiln integration issues
Company maintained quarterly dividend at $0.06 per share

Outlook
Company monitoring signs of slowing residential construction demand in Texas
Company notes delays in large construction projects due to permitting and other issues
Company expects Texas kiln commissioning to be completed in fourth quarter

Result Drivers
STEEL DEMAND - Co said higher sales volumes were mainly driven by increased demand from steel customers, offset by lower construction demand
HIGHER COSTS - Co attributed lower gross profit to increased transportation and fuel costs, mainly from higher diesel prices, and production inefficiencies during Texas kiln integration

Company press release: ID:nGNX6hsXWM

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
$106.19 mln
$122 mln (1 Analyst)
Q3 EPS
 
$1.32
 
Q3 Net Income
 
$38.04 mln
 
Q3 Gross Profit
 
$50.77 mln
 
Q3 Operating Profit
 
$44.70 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 $132.00, about 15.9% above its October 29 closing price of $113.89
The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 19 three months ago

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(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.)