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

Encore Wire

28/04/2022 23:44

* Encore Wire Corp  WIRE.OQ  reported quarterly adjusted
earnings
of $7.96​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for earnings of
$2.94 per share.
    * Revenue rose 62.8% to $723.07 million from a year ago; 
analysts
expected $567.62 million. 
    * Encore Wire Corp's reported EPS for the quarter was
$7.96​.
    * The mean earnings estimate of analysts had risen by
about 10.1%
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 7.1% this
quarter and
lost 25.9% so far this year.
    * 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 April 28 at 10:43 p.m.  ​All
figures in US dollars unless otherwise stated