Update: Trex Shares Rise After Q3 Adjusted Earnings, Net Sales Increase; 2026 Net Sales Outlook Raised

02:26 PM EST, 11/04/2026 (MT Newswires) -- (Updates with the latest stock movement in the first paragraph and headline.) Trex (TREX) shares were up 16% in Wednesday trading after the company reported higher Q3 results and raised its 2026 net sales guidance. The company reported Q3 adjusted earnings Wednesday of $0.55 per diluted share, up from $0.51 a year earlier. Analysts polled by FactSet expected $0.48. Net sales for the quarter ended Sept. 30 were $359.5 million, compared with $285.3 million a year earlier. Analysts expected $314.9 million. Trex expects Q4 net sales of $175 million to $185 million. Analysts expect $168.6 million. For 2026, the company raised its net sales outlook to between $1.30 billion and $1.31 billion, from the previous range of $1.22 billion to $1.25 billion. Analysts expect $1.24 billion. Price: 58.15, Change: +8.15, Percent Change: +16.30