TopBuild Corp (NYSE: BLD) shares are soaring 10.33% in pre-market trading on Tuesday following the release of its first-quarter 2025 earnings report, which exceeded analyst expectations. The leading installer and distributor of insulation and building material products demonstrated resilience in a challenging market environment.
The company reported adjusted earnings per share of $4.63 for Q1, surpassing the analyst consensus estimate of $4.42 by 4.75%. While this represents a 3.74% decrease from the $4.81 per share reported in the same period last year, it showcases TopBuild's ability to outperform market expectations. Quarterly sales came in at $1.23 billion, meeting analyst estimates but reflecting a 3.57% decrease from the previous year's $1.28 billion.
Investors are particularly encouraged by TopBuild's confirmation of its full-year outlook, with projected sales ranging from $5,050 million to $5,350 million and adjusted EBITDA between $925 million and $1,075 million. The company also reported a robust adjusted EBITDA margin of 19% for the quarter, indicating strong operational efficiency despite market headwinds. This positive outlook, combined with the earnings beat, has fueled investor optimism and driven the significant pre-market stock surge.