United States Lime & Minerals
The 10-second takeaway
For the quarter ended June 30 (Q2), United States Lime & Minerals beat expectations on revenues and crushed expectations on earnings per share.
Compared to the prior-year quarter, revenue dropped. GAAP earnings per share grew.
Gross margins dropped, operating margins increased, net margins grew.
United States Lime & Minerals reported revenue of $35.2 million. The one analyst polled by S&P Capital IQ wanted to see sales of $33.8 million on the same basis. GAAP reported sales were 3.6% lower than the prior-year quarter's $36.5 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.
EPS came in at $0.83. The one earnings estimate compiled by S&P Capital IQ predicted $0.62 per share. GAAP EPS of $0.83 for Q2 were 14% higher than the prior-year quarter's $0.73 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.
For the quarter, gross margin was 25.5%, 750 basis points worse than the prior-year quarter. Operating margin was 18.9%, 240 basis points better than the prior-year quarter. Net margin was 13.2%, 210 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $35.3 million. On the bottom line, the average EPS estimate is $0.75.
Next year's average estimate for revenue is $135.0 million. The average EPS estimate is $2.77.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 100 members out of 111 rating the stock outperform, and 11 members rating it underperform. Among 22 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 19 give United States Lime & Minerals a green thumbs-up, and three give it a red thumbs-down.
Looking for alternatives to United States Lime & Minerals? It takes more than great companies to build a fortune for the future. Learn the basic financial habits of millionaires next door and get focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.
- Add United States Lime & Minerals to My Watchlist.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month. The Motley Fool owns shares of U.S. Lime and Minerals. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.