USLM reports strong quarterly earnings, raises dividend, but stock price drops slightly.
United States Lime & Minerals (USLM) reported a strong quarter with EPS of $0.94, a 58.8% increase in net income, and a raised dividend to $0.06 per share, up from $0.05. The stock price fell by $0.11 to $110.47 on Monday. StockNews.com upgraded the stock to a "buy" rating. The company's revenue rose 12.9% for the year to $317.7 million, attributed to higher average selling prices and increased sales volumes.
2 months ago
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