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

Encore Wire

26/04/2021 23:36

* Encore Wire Corp  WIRE.OQ  reported quarterly adjusted
earnings of $1.99​​ per share for the quarter ended in March.
The mean expectation of two analysts for the quarter was
for earnings of 87 cents per share.
* Revenue rose 46.7% to $444.14 million from a year ago​; 
analysts expected $384.57 million.
* Encore Wire Corp's reported EPS for the quarter was $1.99​.
* The mean earnings estimate of analysts had risen by
about 35.3% 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 risen by 7.1% this quarter and
gained 18.7% so far this year.
* The company reported quarterly net income of $41.19 million.
* Wall Street's median 12-month price target for Encore Wire
Corp is $75.00 
* 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 April 26 at 10:36 p.m. GMT.
​All figures in US Dollars.​