JELD-WEN Holding, Inc., the manufacturer of doors and windows, reported third-quarter results on Tuesday that outpaced Wall Street’s estimates.

For the quarter ended Sept. 26, the company reported adjusted earnings per share of 52 cents, versus analysts’ estimates of 44 cents.

Third quarter net revenue increased 1.9 percent at about $1.1 billion due to favorable pricing. Analysts expected revenue of $1.09 billion.

“The rigorous deployment of our business operating system, the JELD-WEN Excellence Model, and disciplined adherence to our playbook, produced positive price realization, profitable share gain, and favorable productivity that led to a substantial acceleration in third quarter margin expansion,” CEO Gary S. Michel said in a statement.

JELD-WEN, which sells doors and windows, benefitted from more people spending time at home doing projects and repairs during the coronavirus pandemic.

“Consumers’ focus on their homes, coupled with our strategy to deliver profitable market share with key customers, is driving increased demand for products in both residential new construction and repair and remodel channels,” Michel added.

Adjusted EBITDA increased by 20 percent to $130.7 million, driven by pricing, productivity and footprint rationalization, according to the release. Pricing remained strong, shown by a 6 percent price realization in North America.

JELD-WEN expects full-year 2020 adjusted EBITDA between $435 million and $450 million, assuming no significant changes in operating restrictions brought on by the COVID-19 pandemic.

JELD-WEN shares (JELD) fell by 3.76 percent, or 85 cents, to last trade near $21.77 on Tuesday.