04:46 PM EDT, 10/28/2024 (MT Newswires) -- Trex (TREX) reported Q3 adjusted earnings late Monday of $0.37 per diluted share, down from $0.57 a year earlier.

Analysts surveyed by Capital IQ expected $0.32.

Net sales for the quarter ended Sept. 30 were $233.7 million, down from $303.8 million a year earlier. Analysts polled by Capital IQ expected revenue of $225.4 million.

Trex reaffirmed its full-year 2024 net sales guidance at the midpoint range of $1.14 billion. Analysts are looking for revenue of $1.15 billion.

Shares were up 6% in recent after-hours activity.

Price: 70.57, Change: +4.06, Percent Change: +6.10