Benzinga | Oct 27, 2020 05:18PM EDT

Encore Wire Q3 EPS $1.02 Beats $0.75 Estimate, Sales $339.70M Beat $337.78M Estimate

Encore Wire (NASDAQ:WIRE) reported quarterly earnings of $1.02 per share which beat the analyst consensus estimate of $0.75 by 36 percent. This is a 30.77 percent increase over earnings of $0.78 per share from the same period last year. The company reported quarterly sales of $339.70 million which beat the analyst consensus estimate of $337.78 million by 0.57 percent. This is a 5.77 percent increase over sales of $321.17 million the same period last year.