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Encore Wire Q1 2023 Earnings Report

Encore Wire EPS Results

Actual EPS
$6.50
Consensus EPS
$5.44
Beat/Miss
Beat by +$1.06
One Year Ago EPS
$7.96

Encore Wire Revenue Results

Actual Revenue
$660.50 million
Expected Revenue
$684.01 million
Beat/Miss
Missed by -$23.51 million
YoY Revenue Growth
-8.70%

Encore Wire Announcement Details

Quarter
Q1 2023
Time
After Market Closes
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Encore Wire Earnings Headlines

URGENT: This Altcoin Opportunity Won’t Wait – Act Now
Crypto has officially entered the "banana zone" – that wild phase where prices can 1000x in days. It happens like clockwork every 4 years, during the December to February window of a Bitcoin halving year. This is where fortunes are made – often LITERALLY overnight.
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About Encore Wire

Encore Wire (NASDAQ:WIRE) engages in manufacture and sale of electrical building wires and cables in the United States. It offers NM-B cables, UF-B cables, THHN/THWN-2, XHHW-2, USE-2, RHH/RHW-2, and other types of wire products, including SEU, SER, photovoltaic, URD, tray cables, metal-clads, and armored cables. The company's products are used to distribute power from the transmission grid to the wall outlet or switch. It sells its products to wholesale electrical distributors through independent manufacturers' representatives for residential, commercial, industrial, and renewable energy sectors. Encore Wire Corporation was incorporated in 1989 and is headquartered in McKinney, Texas.

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