United States Lime & Minerals, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 02, 2023 at 04:50 pm EDT
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United States Lime & Minerals, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 73.98 million compared to USD 60.49 million a year ago. Net income was USD 19.71 million compared to USD 10.24 million a year ago. Basic earnings per share from continuing operations was USD 3.46 compared to USD 1.8 a year ago. Diluted earnings per share from continuing operations was USD 3.45 compared to USD 1.8 a year ago.
For the six months, sales was USD 140.76 million compared to USD 111.4 million a year ago. Net income was USD 36.82 million compared to USD 18.91 million a year ago. Basic earnings per share from continuing operations was USD 6.47 compared to USD 3.33 a year ago. Diluted earnings per share from continuing operations was USD 6.46 compared to USD 3.33 a year ago.
United States Lime & Minerals, Inc. is engaged in lime and limestone operations. The Company is a manufacturer of lime and limestone products and supplying primarily the construction, including highway, road and building contractors; industrial, including paper and glass manufacturers; metals, including steel producers; environmental, including municipal sanitation and water treatment facilities and flue gas treatment processes; roof shingle manufacturers, agriculture and oil and gas services industries. It extracts limestone from its open-pit quarries and underground mines and then processes it for sale as pulverized limestone, aggregate, quicklime, hydrated lime, and lime slurry. The Company operates lime and limestone plants and distribution facilities in Arkansas, Colorado, Louisiana, Missouri, Oklahoma and Texas through its subsidiaries, Arkansas Lime Company, ART Quarry TRS LLC, Colorado Lime Company, Mill Creek Dolomite, LLC, Texas Lime Company, U.S. Lime Company, and others.
UNITED STATES LIME & MINERALS, INC. 
