Trex: Q3 Earnings Snapshot

WINCHESTER, Va. (AP) — WINCHESTER, Va. (AP) — Trex Co. (TREX) on Wednesday reported third-quarter profit of $52.5 million.

On a per-share basis, the Winchester, Virginia-based company said it had profit of 52 cents. Earnings, adjusted for non-recurring costs, were 55 cents per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 49 cents per share.

The maker of fencing and decking products posted revenue of $359.5 million in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $315.8 million.

Trex expects full-year revenue in the range of $1.3 billion to $1.31 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TREX at https://www.zacks.com/ap/TREX