11:49 AM EDT, 05/02/2024 (MT Newswires) -- Patrick Industries ( PATK ) shares rose 3% in recent Thursday trading after the company reported Q1 adjusted earnings of $1.79 per diluted share, up from $1.37 a year earlier.

Analysts surveyed by Capital IQ expected $1.31.

Net sales in the quarter ended March 31 rose to $933.5 million from $900.1 million a year earlier, Patrick Industries ( PATK ) said Thursday.

Analysts polled by Capital IQ expected $840 million.

Price: 107.18, Change: +3.12, Percent Change: +3.00