01:07 PM EDT, 10/22/2024 (MT Newswires) -- (Updates to reflect stock price movement in the headline and the first paragraph.)

Mueller Industries ( MLI ) shares jumped past 15% in recent Tuesday trading after the company posted higher Q3 earnings per share and revenue from a year earlier.

The company reported Q3 earnings Tuesday of $1.48 per diluted share, up from $1.17 a year earlier.

One analyst polled by Capital IQ expected $1.32.

Net sales for the quarter ended Sept. 28 were $997.8 million, compared with $819.8 million a year earlier.

One analyst surveyed by Capital IQ expected $936 million.

Price: 83.22, Change: +11.14, Percent Change: +15.46