Encore Wire Corp expected to post earnings of $6.81 a share - Earnings Preview

Encore Wire

22/10/2022 01:14

* Encore Wire Corp  WIRE.OQ   WIRE.O  is expected to show a
fall
in quarterly revenue when it reports  results on October 25. 
    * The Mckinney Texas-based  company is expected to report  a
3.2% decrease in revenue to $693.13 million from $716.32 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 $6.81 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 $195.5​, above​ its last closing price of $129.91. ​​​

This summary was machine generated October 22 at 00:14 GMT.  All
figures in US dollars  unless otherwise stated