NASDAQ$USLM

United States Lime & Minerals Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Reported increased revenues and net income due to higher sales volumes and average selling prices.

United States Lime & Minerals reported a strong third quarter in 2022, with revenues increasing by 27.0% to $66.5 million and net income increasing by 39.1% to $15.7 million compared to the third quarter of 2021. The company benefited from increased demand from construction, agriculture, roofing, and oil and gas services customers, as well as an increase in average selling prices.

  • Revenues increased by 27.0% to $66.5 million compared to Q3 2021.
  • Lime and limestone revenues increased by 27.0% to $65.7 million compared to Q3 2021.
  • Net income increased by 39.1% to $15.7 million compared to Q3 2021.
  • Gross profit increased by 30.3% to $22.6 million compared to Q3 2021.

Headline financials

Total Revenue

$66.5M

Previous: $52.3M+27.0%
EPS (adj)

$0.55

Previous: $0.40+37.5%
Capital Expenditures

-$18.1M

Previous: -$23.7M+23.6%
Free Cash Flow

-$2.39M

Previous: -$12.4M+80.7%
Net Income

$15.7M

Previous: $11.3M+39.1%
Operating Income

$19M

Previous: $14.2M+34.2%
Gross Profit

$22.6M

Previous: $17.3M+30.3%
Cash & Equivalents

$123M

Previous: $101M+21.0%
Total Assets

$356M

Previous: $311M+14.5%
Stock-Based Comp

$641K

Previous: $560K+14.5%

Revenue & EPS history

US Lime · Revenue · Quarterly

$66.5M

Q3 2022+27%vs Q3 2021
Beat estimate in 1 of 2 quarters(50%)
ActualEstimate

Revenue by segment

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

  • Lime & Limestone
    $45.5M

Forward guidance

The company faces risks to production costs, supply chain, and freight and transportation, including the impact of foreign oil production cuts and potential railroad labor disputes.

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 2022

Historical avgQ3 2022

-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%

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