Published on 17 Feb 2024 on Simply Wall St. via Yahoo Finance
Earnings Update: Here's Why Analysts Just Lifted Their Encore Wire Corporation (NASDAQ:WIRE) Price...
Shareholders might have noticed that Encore Wire Corporation (NASDAQ:WIRE) filed its annual result this time last week. The early response was not positive, with shares down 7.0% to US$227 in the past week. Results were roughly in line with estimates, with revenues of US$2.6b and statutory earnings per share of US$21.62. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Encore Wire after the latest results.
See our latest analysis for Encore Wire
