10:18 AM EDT, 08/01/2024 (MT Newswires) -- Patrick Industries' ( PATK ) shares were nearly 1% lower in early Thursday trading after the company reported Q2 adjusted earnings of $2.16 per diluted share, up from $1.94 a year earlier.

Analysts surveyed by Capital IQ expected $2.05.

Net sales in the quarter ended June 30 rose to $1.02 billion from $920.7 million a year earlier.

Analysts polled by Capital IQ expected $972 million.