WINCHESTER, Va. (AP) — WINCHESTER, Va. (AP) — Trex Co. (TREX) on Monday reported third-quarter earnings of $40.6 million.
On a per-share basis, the Winchester, Virginia-based company said it had profit of 37 cents.
The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 32 cents per share.
The maker of fencing and decking products posted revenue of $233.7 million in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $224 million.
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