United States Lime & Minerals, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
January 29, 2021 at 09:15 pm
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United States Lime & Minerals, Inc. announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced sales was USD 40.990 million compared to USD 37.965 million a year ago. Operating income was USD 8.462 million compared to USD 5.583 million a year ago. Net income was USD 7.254 million compared to USD 4.993 million a year ago. Basic earnings per share was USD 1.29 compared to USD 0.89 a year ago. Diluted earnings per share was USD 1.28 compared to USD 0.89 a year ago. For the full year, sales was USD 160.704 million compared to USD 158.277 million a year ago. Operating income was USD 33.869 million compared to USD 29.246 million a year ago. Net income was USD 28.223 million compared to USD 26.056 million a year ago. Basic earnings per share was USD 5.01 compared to USD 4.64 a year ago. Diluted earnings per share was USD 5 compared to USD 4.64 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.