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Encore Wire Q2 2023 Earnings Report

Encore Wire EPS Results

Actual EPS
$6.01
Consensus EPS
$6.55
Beat/Miss
Missed by -$0.54
One Year Ago EPS
$10.71

Encore Wire Revenue Results

Actual Revenue
$636.46 million
Expected Revenue
$738.60 million
Beat/Miss
Missed by -$102.14 million
YoY Revenue Growth
-24.10%

Encore Wire Announcement Details

Quarter
Q2 2023
Time
After Market Closes
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Encore Wire Earnings Headlines

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See More Encore Wire Headlines
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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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