SiteOne Landscape Supply (NYSE: SITE) stock is soaring 5.01% in pre-market trading on Wednesday following the release of its impressive third-quarter 2025 financial results. The company reported earnings that surpassed analyst expectations and provided an optimistic outlook for the remainder of the year.
For the third quarter, SiteOne posted earnings per share of $1.31, beating the consensus estimate of $1.26 by 3.89%. This represents a significant 35.05% increase from the $0.97 per share reported in the same period last year. The company's quarterly sales also exceeded expectations, coming in at $1.258 billion, slightly above the analyst consensus of $1.255 billion and marking a 4.05% year-over-year growth.
Adding to the positive sentiment, SiteOne reported an adjusted EBITDA of $127.5 million, surpassing the estimated $123.4 million. The company's gross margin improved to 34.7%, up 70 basis points from the previous year. Looking ahead, SiteOne provided an encouraging outlook, projecting full-year adjusted EBITDA between $405-415 million and expecting modest positive sales volume growth for the fourth quarter. This strong performance and optimistic forecast have likely contributed to the stock's significant pre-market rally.