07:05 AM EDT, 05/14/2025 (MT Newswires) -- TerraVest Industries ( TRRVF ) on Wednesday said second-quarter net income and sales advanced, beating estimates.

Net income attributable to shareholders rose to $28.2 million, or $1.39 per diluted share, from $22.4 million, or $1.19 per diluted share, in the prior year period, significantly above the FactSet consensus estimate of $0.78 per share.

Sales, which jumped 45% to $311.5 million, also beat the consensus forecast of $297.5 million. Excluding acquisitions, sales increased 14% to $244.7 million.

TerraVest will pay a quarterly dividend of $0.175 per share on July 10.