What insights does USLM's 2024 EPS provide?
4/10/2025 05:10pm
**United States Lime & Minerals (USLM) experienced a significant increase in EPS in 2024**, rising from $0.73 in Q3 2023 to $1.16, and from $2.02 in Q3 2023 to $3.79 for the full year, indicating improved profitability.
1. **Growth in EPS**: The EPS of USLM in Q3 2024 was $1.16, which is a notable increase from the $0.73 reported in the same quarter of the previous year. This trend was consistent throughout the year, with the EPS for the full year 2024 being $3.79, compared to $2.02 in 2023.
|code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|USLM|USLM.O|United States Lime & Minerals|2024 Q1|30.666666666666664|3.92|185|
|USLM|USLM.O|United States Lime & Minerals|2024 Q2|31.884057971014506|0.91|185|
|USLM|USLM.O|United States Lime & Minerals|2024 Q3|58.904109589041084|1.16|185|
2. **Revenue and Profit Growth**: The growth in EPS was driven by increased revenues and gross profits. For example, in Q3 2024, revenues were $89.4 million, a 19.4% increase from the previous year's $74.9 million. Gross profit also surged by 53.1% to $43.1 million.
3. **Demand and Market Conditions**: The improved demand for lime and limestone products, particularly from industrial customers, and optimized fuel blends contributed to the revenue growth and profitability.
4. **Dividend and Stock Performance**: USLM also declared a regular quarterly cash dividend, reflecting its financial stability and confidence in its cash flow generation.
In summary, USLM's 2024 EPS provides insights into the company's strong revenue growth, improved profitability, and effective cost management, which are positive indicators for investors.