United States Lime Q1 2024 revenue rises 7.4% to $71.7 million; net income up 31.2%
United States Lime & Minerals reported first quarter 2024 revenue of $71.7 million, up 7.4% from a year earlier, and net income of $22.4 million, or $3.92 per diluted share, up 31.2%. Higher selling prices offset lower sales volumes, which fell on weaker construction demand, and the board declared a regular quarterly dividend of $0.25 per share.
Key points
- Revenue $71.7 million vs. $66.8 million in Q1 2023, up $4.9 million (7.4%), driven by higher average selling prices
- Net income $22.4 million ($3.92 per diluted share) vs. $17.1 million ($3.00) a year earlier
- Quarterly cash dividend of $0.25 per share, payable June 14, 2024, to holders of record May 24, 2024
- CEO Timothy W. Byrne said the company anticipates improved demand from construction customers
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:39 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 30, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.