Encore Wire Corp expected to post earnings of $5.83 a share - Earnings Preview

Encore Wire

11/02/2023 24:00

* Encore Wire Corp  WIRE.OQ   WIRE.O  is expected to show a
fall
in quarterly revenue when it reports  results on February 14. 
    * The Mckinney Texas-based  company is expected to report  a
8.3% decrease in revenue to $631.036 million from $687.85
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Encore Wire Corp is
for
earnings of $5.83 per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Encore Wire
Corp
is $200.5​, above​ its last closing price of $166.85. ​​​

This summary was machine generated February 11 at 00:00 GMT. 
All figures in US dollars  unless otherwise stated