United States Lime & Minerals third-quarter revenue rises on higher prices and volumes
Reuters reports that the lime and limestone producer's Q3 revenue grew 4% year on year, while gross and net income declined on higher costs.
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what happened
United States Lime & Minerals, a lime and limestone producer, lifted third-quarter revenue 4% from a year earlier, to $106.19 million, thanks to higher prices and sales volumes. Reuters notes that the figure came in below the $122 million consensus, which rests on a single analyst estimate.
Gross profit and net income fell, though. The company blamed higher transportation and fuel costs, driven by pricier diesel, along with production inefficiencies while integrating its Texas kiln. Net income was $38.04 million, earnings per share $1.32 and operating profit $44.70 million.
The quarterly dividend stays at $0.06 per share. The company is watching for signs of slowing residential construction demand in Texas and reports delays on large projects caused by permitting and other issues. It expects the Texas kiln to be commissioned in the fourth quarter.
why it matters
For investors, the key question is whether the company can protect margins if construction demand in Texas keeps softening while fuel costs stay elevated. A timely kiln startup would be the first sign that operating performance is stabilising. The news mainly concerns the company's shares and a narrow corner of the building materials sector.
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- United States Lime & Minerals Q3 revenue rises on higher prices, volumes — Reuters, 30 October 2026 at 20:48 UTC
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