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Stock impact report

Encore Wire (WIRE) Outperforms Broader Market: What You Need to Know [Yahoo! Finance]

Encore Wire Corporation (WIRE) 
Last encore wire corporation earnings: 4/28 05:05 pm Check Earnings Report
US:NASDAQ Investor Relations: encorewire.com/investors
Company Research Source: Yahoo! Finance
This change outpaced the S&P 500's 0.86% gain on the day. At the same time, the Dow added 1.22%, and the tech-heavy Nasdaq gained 0.51%. The the stock of copper wire maker has risen by 7.64% in the past month, leading the Industrial Products sector's gain of 5.84% and the S&P 500's gain of 2.84%. Market participants will be closely following the financial results of Encore Wire in its upcoming release. The company is expected to report EPS of $3.73, down 42.62% from the prior-year quarter. Investors should also note any recent changes to analyst estimates for Encore Wire. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability. Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimat Show less Read more
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