Encore Wire Reports Fourth Quarter Results
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Encore Wire (WIRE) Tops Q4 EPS by 1c
February 18, 2016 4:16 PM ESTEncore Wire (NASDAQ: WIRE) reported Q4 EPS of $0.53, $0.01 better than the analyst estimate of $0.52. Revenue for the quarter came in at $250.9 million versus the consensus estimate of $255.15 million.
Commenting on the results, Daniel L. Jones, Chairman, President and Chief Executive Officer, said, "We are pleased to report that 2015 produced the second highest earnings per share in the history of the Company. The fourth quarter was good from both a volume and margin perspective. Although our unit sales were down slightly for the year, it should be noted, that through the first... More
