Earnings

Investors Update: United States Lime & Minerals, Inc. (NASDAQ: USLM)

February 2, 2019

United States Lime & Minerals, Inc. (NASDAQ: USLM) reported change of -0.61% to $68.59 with the recent traded volume of 2138 shares in most recent trading session compared to an average volume of 3.83K. The stock was changed with -1.12% over last five days period.

 The one month performance of stock was noted at -4.42%. USLM’s shares are moving at -9.81% for the quarter and managed a -10.63% return over the course of the past year and is now at -3.39% since this point in 2018. 

United States Lime & Minerals, Inc. (NASDAQ: USLM) announced fourth quarter and full year 2018 results:  Revenues in the fourth quarter 2018 were $34.6 million, compared to $35.2 million in the comparable prior year quarter, a decrease of $0.6 million, or 1.7%.  Revenues from the Company’s Lime and Limestone Operations in the fourth quarter 2018 decreased $0.8 million, or 2.2%, to $33.9 million from $34.7 million in the comparable 2017 quarter, while revenues from its Natural Gas Interests increased $0.2 million, or 29.6%, to $0.7 million in the fourth quarter 2018, from $0.5 million in the comparable 2017 quarter.  For the full year 2018, revenues were $144.4 million, compared to $144.8 million in 2017, a decrease of $0.4 million, or 0.3%.  Revenues from the Company’s Lime and Limestone Operations in 2018 decreased $0.7 million, or 0.5%, to $141.9 million from $142.6 million in 2017.  Revenues from its Natural Gas Interests increased $0.3 million, or 12.6%, to $2.5 million from $2.2 million in 2017.

The Company reported net income of $4.2 million ($0.75 per share diluted) in the fourth quarter 2018, compared to $11.6 million ($2.07 per share diluted) in the fourth quarter 2017, a decrease of $7.4 million, or 63.5%.  The Company reported net income of $19.7 million ($3.51 per share diluted) in the full year 2018, compared to net income of $27.1 million ($4.86 per share diluted) in full year 2017, a decrease of $7.5 million, or 27.5%.      

The Company also reported that the Board of Directors has declared a regular quarterly cash dividend of $0.135 (13.5 cents) per share on the Company’s common stock. This dividend is payable on March 15, 2019 to shareholders of record at the close of business on February 22, 2019.

 The stock beta value is 0.8. USLM stock changed at -10.38% distance from its 200-day moving average. On a similar note, the stock marked distance of -4.03% from its 50-day moving average and moved -2.14% away from its 20-day moving average. The average volatility for the week and month was at 1.62% and 1.93% respectively. Its quarter to quarter sales remained -4.30% and sales observed at 0.90% over past 5 years. The company holds 5.6 million shares outstanding and 2.03 million shares are floated in market.

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