Luxury homebuilder Toll Bros. ( TOL) topped quarterly estimates, while paint and coatings maker Valspar ( VAL), which is being acquired by Sherwin-Williams ( SHW), missed.

Toll Bros. said its adjusted earnings climbed 39% to 51 cents a share, beating analyst estimates by 6 cents. It was the first time in four quarters it had topped Wall Street’s earnings target. Revenue grew 31% to $1.12 billion, well above analyst views for $1.04 billion.

The homebuilder expects full-year revenue of $4.76 billion-$5.36 billion, with the midpoint of the range above views for $5.01 billion. Toll Bros. also expects to deliver 5,800 to 6,300 new homes for the year, with an average value of $820,000-$850,000.

Toll Bros. shares jumped more than 6% to 28.80 in early Tuesday trading in the stock market today. Its stock fell to an intraday low of 23.75 on Feb. 11, and it’s up nearly 20% from that point.

Meanwhile, Valspar’s adjusted fiscal-second-quarter earnings rose 9.9% to $1.22 a share, 4 cents below forecasts. Revenue slid 2.1% to $1.056 billion, lighter than the expected $1.122 billion. The company withdrew all guidance in light of its pending merger.

On March 20, Valspar announced it had agreed to be acquired by larger rival Sherwin-Williams for roughly $11.3 billion. The combined companies would have annual revenue of about $15.6 billion. The deal is expected to close by the end of the first quarter in 2017. Valspar was up fractionally early Tuesday, while Sherwin Williams was down slightly.

April new-home sales skyrocketed 16.6% to an annualized rate of 619,000, the highest since January 2008, the Commerce Department said Tuesday. Wall Street was looking for a small increase to 523,000 units.