DAYTONA BEACH, Fla. (AP) _ TopBuild Corp. (BLD) on Tuesday reported third-quarter earnings of $153.7 million.

On a per-share basis, the Daytona Beach, Florida-based company said it had profit of $4.76. Earnings, adjusted for non-recurring costs, were $4.80 per share.

The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $4.09 per share.

The insulation products company posted revenue of $1.3 billion in the period, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $1.21 billion.

TopBuild expects full-year revenue in the range of $4.95 billion to $5 billion.

TopBuild shares have dropped 38% since the beginning of the year. The stock has dropped 34% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BLD at https://www.zacks.com/ap/BLD

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