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

United States Lime & Minerals (NASDAQ:USLM) is expected to be issuing 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 quarterly earnings data on Wednesday, October 29th. The construction company reported $1.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.20 by $0.15. United States Lime & Minerals had a net margin of 35.83% and a return on equity of 23.82%.

United States Lime & Minerals Price Performance

USLM traded up $1.20 during midday trading on Thursday, reaching $123.82. 92,636 shares of the company’s stock traded hands, compared to its average volume of 86,624. The stock has a market capitalization of $3.55 billion, a price-to-earnings ratio of 27.21 and a beta of 0.97. United States Lime & Minerals has a 52 week low of $80.47 and a 52 week high of $137.96. The firm has a fifty day moving average of $125.26 and a two-hundred day moving average of $121.88.

Wall Street Analysts Forecast Growth

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

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. CIBC Private Wealth Group LLC purchased a new stake in United States Lime & Minerals in the 3rd quarter valued at about $108,000. CIBC Bancorp USA Inc. bought a new stake in United States Lime & Minerals during the third quarter valued at about $260,000. Verition Fund Management LLC raised its stake in shares of United States Lime & Minerals by 17.2% during the 3rd quarter. Verition Fund Management LLC now owns 24,968 shares of the construction company’s stock worth $3,285,000 after acquiring an additional 3,663 shares in the last quarter. Quarry LP acquired a new position in shares of United States Lime & Minerals during the third quarter worth $33,000. Finally, Mariner LLC raised its stake in United States Lime & Minerals by 28.0% in the third quarter. Mariner LLC now owns 2,734 shares of the construction company’s stock valued at $360,000 after buying an additional 598 shares during the last quarter. Hedge funds and other institutional investors own 27.12% of the company’s stock.

United States Lime & Minerals Company Profile

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.