NASDAQ$USLM

United States Lime & Minerals Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Reported third quarter 2021 results with revenue increase and net income growth.

United States Lime & Minerals reported a strong third quarter with revenues increasing by 19.6% to $52.3 million and net income rising by 21.3% to $11.3 million. The company benefited from increased sales across various customer segments and a slight price increase in lime and limestone products.

  • Third quarter revenue increased by 19.6% compared to the same period last year.
  • Lime and limestone revenues increased by 19.0% compared to the third quarter of 2020.
  • Net income increased by 21.3% compared to the third quarter of 2020.
  • The increase in gross profit resulted primarily from increased revenues and increased operating efficiencies.

Headline financials

Total Revenue

$52.3M

Previous: $43.7M+19.6%
EPS (adj)

$0.40

Previous: $0.33+21.2%
Capital Expenditures

-$23.7M

Previous: -$13.6M-74.2%
Free Cash Flow

-$12.4M

Previous: -$4.3M-189.1%
Net Income

$11.3M

Previous: $9.32M+21.3%
Operating Income

$14.2M

Previous: $11.3M+25.9%
Gross Profit

$17.3M

Previous: $14.2M+22.3%
Cash & Equivalents

$101M

Previous: $71.3M+42.2%
Total Assets

$311M

Previous: $272M+14.4%
Stock-Based Comp

$560K

Previous: $502K+11.6%

Revenue & EPS history

US Lime · Revenue · Quarterly

$52.3M

Q3 2021+19.6%vs Q3 2020

Revenue by segment

US Lime · $45.5M total across 1 segment · Q4 2021

  • Lime & Limestone
    $45.5M

Forward guidance

The company is monitoring the evolving COVID-19 situation and will adjust operations as necessary, keeping the safety of our employees and other individuals at our facilities as our highest priority.

Tailwinds

  • Strong demand for lime and limestone products
  • Success of second quarter 2021 results
  • Increase sales to the Company’s construction customers
  • Increase sales to the Company’s steel customers
  • Increase sales to the Company’s industrial customers

Headwinds

  • Increasing fuel costs
  • Encountering higher prices for inputs
  • Continued challenges in the availability of labor
  • Continued challenges in the availability of supplies and services
  • Evolving COVID-19 situation

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2021

Historical avgQ3 2021

-0.3%

Avg return

Earnings day

-0.7%

Avg return

5 days after

+3.0%

Avg return

30 days after

51%

33 / 65 earnings

Positive

+6.2%

Q3 2015

Best reaction

-17.1%

Q1 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-17.1%-17.0%-11.6%
Q4 2025-5.0%-12.2%-1.7%
Q3 2025-3.9%-13.0%-4.8%
Q1 2025+4.8%+5.4%+9.9%
Q4 2024+1.7%-3.3%-18.2%
Q3 2024+5.5%+3.4%+43.1%
Q2 2024+3.0%-10.2%-0.9%
Q1 2024+3.8%+10.1%+11.9%
Q4 2023+0.6%+0.3%+1.0%
Q3 2023-3.1%+2.7%+6.6%
Q2 2023+2.6%+5.5%+6.9%
Q1 2023-0.8%+1.6%+15.2%
Q4 2022+3.0%+2.0%+8.3%
Q3 2022+0.7%+6.7%+16.0%
Q2 2022-4.6%-5.0%-1.5%
Q1 2022+1.8%+1.1%+6.4%
Q4 2021-1.9%-5.2%-7.8%
Q3 2021+2.6%+3.4%+6.0%
Q2 2021+0.5%+0.8%+7.0%
Q1 2021-4.8%-3.7%-5.0%
Q4 2020+3.7%+4.4%+12.9%
Q3 2020+2.0%+0.2%+16.5%
Q2 2020+3.4%-0.6%+1.9%
Q1 2020-1.2%-2.6%-8.5%
Q4 2019-5.0%-4.2%-14.7%
Q3 2019+5.9%+11.1%+23.1%
Q2 2019+0.5%-1.3%-6.5%
Q1 2019-1.6%+0.7%+0.9%
Q4 2015+2.2%+2.8%+7.1%
Q4 2018-1.8%-0.8%+4.5%
Q3 2018-0.5%-1.6%-1.3%
Q2 2018-1.9%-4.8%-3.9%
Q1 2018+0.1%+1.2%+6.6%
Q4 2017+1.0%-1.0%-6.5%
Q3 2017-2.1%-4.3%-9.2%
Q2 2017-0.5%-0.4%-5.2%
Q1 2017-1.7%-1.7%-3.1%
Q4 2016+1.4%+2.0%+5.0%
Q3 2016+1.6%-0.2%+14.8%
Q2 2016+0.5%+1.1%+0.1%
Q1 2016+0.2%
Q3 2015+6.2%
Q2 2015-1.3%
Q1 2015-1.3%
Q4 2014+0.6%
Q3 2014-3.7%
Q2 2014-3.5%
Q1 2014+2.8%
Q4 2013+0.4%
Q3 2013+1.4%
Q2 2013+1.0%
Q1 2013+0.5%
Q4 2012-0.5%
Q3 2012-1.4%
Q2 2012-0.6%
Q1 2011-3.4%
Q1 2012+0.8%
Q4 2009-1.5%
Q4 2011-1.5%
Q3 2011-4.8%
Q3 2010-4.8%
Q2 2011-0.7%
Q2 2010-0.7%
Q4 2010-0.7%
Q1 2010+0.5%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro