TopBuild (NYSE: BLD) reported Q3 EPS of $0.88, $0.04 better than the analyst estimate of $0.84. Revenue for the quarter came in at $489 million versus the consensus estimate of $491.6 million.

• Net sales increased 7.9% to $489.0 million, primarily driven by sales volume growth and price increases in both operating segments as well as through acquisitions. On a same branch basis, revenue increased 2.7% to $464.6 million.
• Gross margin expanded 80 basis points to 24.7%.
• Operating profit was $49.6 million, compared to $39.1 million. On an adjusted basis, operating profit was $50.3 million, compared to $39.6 million, a 27.0% improvement.
• Operating margin was 10.1%, up 150 basis points. Adjusted operating margin improved 160 basis points to 10.3%.
• Income from continuing operations was $31.4 million, or $0.88 per diluted share, compared to $24.6 million, or $0.65 per diluted share. Adjusted income from continuing operations was $29.7 million, or $0.83 per diluted share, compared to $23.8 million, or $0.63 per diluted share.
• Adjusted EBITDA was $57.6 million, compared to $44.6 million, a 28.9% increase. Incremental EBITDA margin was 36.0%. On a same branch basis, adjusted EBITDA was $53.7 million, a 20.3% increase, and incremental EBITDA margin was 74.2%.

For earnings history and earnings-related data on TopBuild (BLD) click here.