Encore Wire Corp expected to post earnings of 87  cents a share - Earnings Preview

Encore Wire

23/04/2021 21:56

* Encore Wire Corp  WIRE.OQ   WIRE.O  is expected to show a rise
in quarterly revenue when it reports results on April 26.
* The Mckinney, Texas-based company is expected to report  a
27.0% increase in revenue to $384.57 million from $302.79
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 87 cents per share. For the same quarter last year,
the company reported earnings of 89 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"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 $75​, about 6.1% above​ its last closing price
of $70.45. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  0.69        0.68       1.17      Beat    70.9
 Sep. 30 2020  0.75        0.75       1.02      Beat    36.8
 Jun. 30 2020  0.69        0.70       0.60      Missed  -14.3​
 Mar. 31 2020  0.47        0.48       0.89      Beat    87.4
 Dec.          0.83​       0.82       0.50      Missed  -38.8​
 31​ 2019​                                              
 Sep. 30 2019  0.97        1.01       0.78      Missed  -22.8​
 Jun. 30 2019  0.88        0.87       0.85      Missed  -2.6
 Mar. 31 2019  0.72        0.72       0.64      Missed  -11.1
 This summary was machine generated April 23 at 20:56 GMT.  All
figures in US dollars unless otherwise stated