Last week, Builders FirstSource  reported earnings of 31 cents per share for the third quarter of 2015, beating analysts’ estimates of 14 cents per share. On Friday, shares of the company’s stock surged 25 percent in heavy trading.

The firm earned $1.7 billion during the third quarter. Sales volume grew about 7 percent in the homebuilding market and 3 percent in the repair and remodel market, which was offset 6.1 percent by the negative impact of falling commodity prices.

Doors, windows and millwork represented $342.7 million in sales for Builders FirstSource, up 6 percent. Manufactured products were $284.6 million in sales, up 5 percent from $270.9 million in the third quarter of 2014.  Lumber and lumber sheet goods were $554.4 million, down $34.3 million, or 5.8 percent.

In August, Builders FirstSource completed its acquisition of ProBuild. The combination will create a national dealer with 2014 combined revenues of approximately $6.1 billion, according to a company release.

“The combination of Builders FirstSource and ProBuild creates a clear industry leader with expanded growth and margin opportunities, enabling a broader, more efficient platform of manufacturing and distribution capabilities going forward,” said CEO Floyd Sherman. “We believe the benefits of the acquisition include increased scale and diversification; a market presence in 74 of the top 100 MSAs and 24 of the top 25 MSAs; opportunity to expand sales of higher-margin products and services; $100 million to $120 million of targeted run rate cost savings before one-time expenses; and certainly favorable timing, given the projected housing market recovery and long-term growth potential.”

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