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Dec 31, 2019
US Lime Q4 2019 Earnings Report
US Lime reported an increase in revenue and net income for Q4 2019.
Key Takeaways
US Lime & Minerals reported a strong fourth quarter in 2019, with revenues increasing by 9.6% to $38.0 million and net income rising by 18.0% to $5.0 million ($0.89 per share diluted). The company benefited from increased demand and prices for lime and limestone products, particularly from construction customers, as well as lower fuel costs and efficiency gains from a new kiln.
Revenue increased by 9.6% to $38.0 million compared to Q4 2018.
Gross profit increased by 47.7% to $9.8 million compared to Q4 2018.
Net income increased by 18.0% to $5.0 million ($0.89 per share diluted) compared to Q4 2018.
Lime and limestone revenues increased by 11.0% due to higher demand and prices.
US Lime
US Lime
US Lime Revenue by Segment
Revenue by Segment
Lime & Limestone Revenue
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