United States Lime & Minerals (USLM) to Release Earnings on Monday

United States Lime & Minerals (NASDAQ:USLM) is projected to announce its results before the market opens on Monday, February 2nd. Analysts expect the company to announce earnings of $1.13 per share and revenue of $97.00 million for the quarter.

United States Lime & Minerals (NASDAQ:USLM) last released its earnings results on Wednesday, October 29th. The construction company reported $1.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.15. United States Lime & Minerals had a return on equity of 23.82% and a net margin of 35.83%.

United States Lime & Minerals Stock Performance

Shares of United States Lime & Minerals stock traded up $1.20 during trading on Thursday, reaching $123.82. 92,636 shares of the company’s stock were exchanged, compared to its average volume of 86,624. The firm’s 50-day moving average price is $125.26 and its 200 day moving average price is $121.88. The company has a market cap of $3.55 billion, a P/E ratio of 27.21 and a beta of 0.97. United States Lime & Minerals has a 1-year low of $80.47 and a 1-year high of $137.96.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of United States Lime & Minerals in a research report on Monday, December 29th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy”.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Amundi purchased a new stake in United States Lime & Minerals during the 1st quarter worth about $354,000. Millennium Management LLC boosted its position in shares of United States Lime & Minerals by 202.9% in the first quarter. Millennium Management LLC now owns 193,388 shares of the construction company’s stock valued at $17,092,000 after acquiring an additional 129,534 shares during the period. Goldman Sachs Group Inc. grew its stake in United States Lime & Minerals by 33.6% during the first quarter. Goldman Sachs Group Inc. now owns 293,483 shares of the construction company’s stock valued at $25,938,000 after acquiring an additional 73,891 shares in the last quarter. Jane Street Group LLC lifted its stake in United States Lime & Minerals by 67.3% in the 1st quarter. Jane Street Group LLC now owns 51,937 shares of the construction company’s stock worth $4,590,000 after purchasing an additional 20,893 shares in the last quarter. Finally, First Trust Advisors LP boosted its stake in United States Lime & Minerals by 281.5% during the second quarter. First Trust Advisors LP now owns 192,869 shares of the construction company’s stock valued at $19,248,000 after buying an additional 142,308 shares during the period. Hedge funds and other institutional investors own 27.12% of the company’s stock.

About United States Lime & Minerals

United States Lime & Minerals, Inc (NASDAQ:USLM) is a producer and supplier of lime and limestone products in the United States. The company operates quarries and processing facilities across the country, specializing in the extraction and production of quicklime, hydrated lime, limestone aggregates and dolomite for use in steel manufacturing, construction, environmental remediation, agriculture and other industrial applications.

With a network of quarries concentrated in Florida and additional mining and distribution sites in other states, United States Lime & Minerals combines kiln operations and grinding plants to offer a comprehensive range of calcium‐ and magnesium‐based products.