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

Encore Wire

27/10/2021 10:50

* Encore Wire Corp  WIRE.OQ  reported quarterly adjusted
earnings of $8.51​​ per share for the quarter ended in
September. The mean expectation of two analysts for the quarter
was for earnings of $2.92 per share.
* Revenue rose 110.9% to $716.32 million from a year ago; 
analysts expected $587.34 million. 
* Encore Wire Corp's reported EPS for the quarter was $8.51​.
* 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 risen by 21.6% this quarter and
gained 90.4% so far this year.
* The company reported quarterly net income of $175.54 million.
* Wall Street's median 12-month price target for Encore Wire
Corp is $122.50 
* 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 October 27 at 09:50 a.m.
 ​All figures in US dollars unless otherwise stated