Encore Wire WIRE reported its Q3 earnings results on Tuesday, October 26, 2021 at 05:05 PM.
Here's what investors need to know about the announcement.
Earnings
Encore Wire beat their estimated earnings by 192.44%, which surprised analysts.
Revenue was up $376,620,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $7.44, which was followed by a 10.63% increase in the share price the next day.
Here's a look at Encore Wire's past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 1.38 | 0.87 | 0.68 | 0.75 |
| EPS Actual | 8.82 | 1.99 | 1.17 | 1.02 |
| Revenue Estimate | 456.51M | 384.57M | 334.19M | 337.78M |
| Revenue Actual | 744.41M | 441.14M | 380.82M | 339.70M |
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