Trex (TREX) reported Q1 adjusted earnings Thursday of $0.60 per diluted share, down from $0.82 a year earlier.

Net sales for the quarter ended March 31 were $340.0 million, down from $373.6 million a year earlier.

Analysts surveyed by FactSet expected $328.9 million.

The company said it expects Q2 sales to be between $370 million and $380 million. Analysts expected $377.7 million.

The company also reaffirmed its full year 2025 guidance at 5% to 7% revenue growth and adjusted EBITDA margin to exceed 31%.