Brief: Encore Wire Reports First Quarter Results

Encore Wire

28/04/2022 23:09

April 28 (Reuters) - Encore Wire Corp  WIRE.O :
    * ENCORE WIRE REPORTS FIRST QUARTER RESULTS; CONTINUED
STRONG
GROSS PROFIT MARGINS; HIGHLIGHTS SHARE REPURCHASES DURING
QUARTER
    * Q1 EARNINGS PER SHARE $7.96
    * NET SALES FOR Q1 ENDED MARCH 31, 2022 WERE $723.1 MILLION
COMPARED TO $444.1 MILLION FOR Q1 OF 2021
    * TOTAL CAPITAL EXPENDITURES TO RANGE FROM $150 - $170
MILLION IN
2022
    * EXPECT TOTAL CAPITAL EXPENDITURES TO RANGE FROM $150 -
$170
MILLION IN 2023, AND $80 - $100 MILLION IN 2024

Source text for Eikon:  ID:nBw5gJNzJa 
Further company coverage:  WIRE.O 

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