JELD-WEN Holding, Inc. (NYSE:JELD) gained more than 14% on Tuesday after the company delivered a healthy Q1 beat and raise quarter with solid margins and an increased focus on profitability from new management.

Q1 EPS came in at $0.35, better than the Street estimate of $0.06. Revenue was $1.22 billion, beating the Street estimate of $1.1 billion. The company has underperformed operationally for some time and there is significant work left on both profitability and the balance sheet, with proof of sustained improvement needed for investors to become incrementally positive, according to the analysts at RBC Capital.