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Stock impact report

United States Lime & Minerals Reports First Quarter 2024 Results and Declares Regular Quarterly Cash Dividend [Yahoo! Finance]

United States Lime & Minerals, Inc. (USLM) 
US:NASDAQ Investor Relations: uslm.com/shareholder_information.html
Company Research Source: Yahoo! Finance
revenues in the first quarter 2024 were $71.7 million, compared to $66.8 million in the first quarter 2023, an increase of $4.9 million, or 7.4%. Lime and limestone revenues were $71.5 million in the first quarter 2024, compared to $66.5 million in the first quarter 2023, an increase of $4.9 million, or 7.4%. The increase in revenues in the first quarter 2024, compared to the first quarter 2023, resulted from increases in average selling prices for the Company's lime and limestone products, partially offset by decreased sales volumes. The decrease in sales volumes in the first quarter 2024, compared to the first quarter 2023, was principally due to decreased demand from the Company's construction customers, partially offset by increased demand from its industrial customers. The Company's gross profit was $30.6 million in the first quarter 2024, compared to $24.0 million in the first quarter 2023, an increase of $6.6 million, or 27.6%. The Company's lime and limestone gross profit wa Show less Read more
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