05:09 PM EDT, 10/24/2024 (MT Newswires) -- Mohawk Industries ( MHK ) reported Q3 adjusted earnings late Thursday of $2.90 per diluted share, up from $2.72 a year earlier.

Analysts polled by Capital IQ expected $2.89.

Net sales in the three months ended Sept. 28 fell to $2.72 billion from $2.77 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.7 billion.

The company expects Q4 adjusted EPS of $1.77 to $1.87.

Analysts polled by Capital IQ expect $2.24.

The company's stock slumped 7.9% in after-hours activity.

Price: 139.92, Change: -11.95, Percent Change: -7.87