Benzinga | Feb 16, 2021 05:06PM EST

Encore Wire Q4 EPS $1.17 Beats $0.68 Estimate, Sales $380.80M Beat $334.19M Estimate

Encore Wire (NASDAQ:WIRE) reported quarterly earnings of $1.17 per share which beat the analyst consensus estimate of $0.68 by 72.06 percent. This is a 134 percent increase over earnings of $0.50 per share from the same period last year. The company reported quarterly sales of $380.80 million which beat the analyst consensus estimate of $334.19 million by 13.95 percent. This is a 25.99 percent increase over sales of $302.25 million the same period last year.