Encore Wire Reports Fourth Quarter Results
Encore Wire Corporation (WIRE)
Last encore wire corporation earnings: 4/28 05:05 pm
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US:NASDAQ Investor Relations:
encorewire.com/investors
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Source: Business Wire
MCKINNEY, Texas--(BUSINESS WIRE)-- Encore Wire Corporation (NASDAQ Global Select: WIRE) today announced results for the fourth quarter and full year ended December 31, 2017. Net sales for the fourth quarter of 2017 were $301.3 million compared to $239.2 million during the fourth quarter of 2016. Unit volume, measured in copper pounds contained in the wire sold, increased 5.8%, and the average selling price per copper pound sold increased 22.8% in the fourth quarter of 2017 versus the same period in 2016. Sales prices increased primarily due to higher copper prices, which increased 30.1% versus the fourth quarter of 2016. Net income for the fourth quarter of 2017 was $28.5 million versus $11.4 million in the fourth quarter of 2016. Fully diluted net earnings per common share were $1.36 in the fourth quarter of 2017 versus $0.55 in the fourth quarter of 2016. The $1.36 fully diluted net earnings per common shar
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WIRE
News
- Avenue Investment Management Expresses Concern Over Proposed Merger Between Encore Wire and Prysmian [Yahoo! Finance]Yahoo! Finance
- Avenue Investment Management Expresses Concern Over Proposed Merger Between Encore Wire and Prysmian [Yahoo! Finance]Yahoo! Finance
- SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Announces an Investigation of Encore Wire Corporation - WIREPR Newswire
- ENCORE WIRE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Encore Wire Corporation - WIREBusiness Wire
- Encore Wire Co. (NASDAQ: WIRE) had its "neutral" rating re-affirmed by analysts at Sidoti. They now have a $290.00 price target on the stock.MarketBeat
WIRE
Earnings
- 2/13/24 - Beat
WIRE
Sec Filings
- 4/15/24 - Form DEFA14A
- 4/15/24 - Form 8-K
- 3/28/24 - Form DEF
- WIRE's page on the SEC website