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

Encore Wire

27/07/2021 23:48

* Encore Wire Corp  WIRE.OQ  reported quarterly adjusted
earnings of $8.82​​ per share for the quarter ended in June. The
mean expectation of two analysts for the quarter was
for earnings of $1.38 per share.
* Revenue rose 193.5% to $744.41 million from a year ago; 
analysts expected $456.51 million. 
* Encore Wire Corp's reported EPS for the quarter was $8.82​.
* 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 7.0% this quarter and
gained 16.4% so far this year.
* The company reported quarterly net income of $183.05 million.
* Wall Street's median 12-month price target for Encore Wire
Corp is $90.50 
* 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." 
This summary was machine generated July 27 at 10:47 p.m.  ​All
figures in US dollars unless otherwise stated