Encore Wire Corp reports results for the quarter ended in December - Earnings Summary

Encore Wire

15/02/2022 22:45

* Encore Wire Corp  WIRE.OQ  reported quarterly adjusted
earnings
of $6.91​​ per share for the quarter ended in December. The mean
expectation of two analysts for the quarter was for earnings of
$3.17 per share.
    * Revenue rose 80.6% to $687.85 million from a year ago; 
analysts
expected $561.79 million. 
    * Encore Wire Corp's reported EPS for the quarter was
$6.91​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Encore Wire Corp shares had fallen by 20.3% this quarter.
    * The company reported quarterly net income of $141.64
million.
    * Wall Street's median 12-month price target for Encore Wire
Corp
is $160.00 
    * 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." 

This summary was machine generated February 15 at 10:44 p.m.
 ​All figures in US dollars unless otherwise stated