United States Lime & Minerals, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2018
January 31, 2019 at 09:37 pm
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United States Lime & Minerals, Inc. announced earnings results for the fourth quarter ended December 31, 2018. For the fourth quarter, the company announced total revenue was USD 34.634 million compared to USD 35.239 million a year ago. Operating income was USD 3.988 million compared to USD 5.194 million a year ago. Net income was USD 4.231 million compared to USD 11.583 million a year ago. Basic earnings per share was USD 0.76 compared to USD 2.08 a year ago. Diluted earnings per share was USD 0.75 compared to USD 2.07 a year ago. For the full year, total revenue was USD 144.435 million compared to USD 144.844 million a year ago. Operating income was USD 20.002 million compared to USD 24.227 million a year ago. Net income was USD 19.685 million compared to USD 27.148 million a year ago. Basic earnings per share was USD 3.52 compared to USD 4.87 a year ago. Diluted earnings per share was USD 3.51 compared to USD 4.86 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.