11:37 AM EDT, 05/02/2024 (MT Newswires) -- Hayward (HAYW) shares rose 0.7% in recent Thursday trading after reporting fiscal Q1 adjusted earnings in line with analysts' estimates and net sales that beat expectations.

The company reported fiscal Q1 adjusted earnings Thursday of $0.08 per diluted share, up from $0.07 a year earlier.

Analysts polled by Capital IQ expected $0.08.

Net sales for the quarter ended March 30 were $212.6 million, up from $210.1 million a year earlier.

Analysts surveyed by Capital IQ expected $209 million.

For fiscal 2024, the company reaffirmed its net sales guidance of about $1.01 billion to $1.06 billion.

Analysts polled by Capital IQ expect $1.04 billion.

Price: 13.53, Change: +0.01, Percent Change: +0.07