Encore Wire (WIRE) Tops Q4 EPS by 49c, Revenues Beat
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Encore Wire Reports Fourth Quarter and Full Year 2020 Results
February 16, 2021 5:05 PM ESTMCKINNEY, Texas--(BUSINESS WIRE)-- Encore Wire Corporation (NASDAQ Global Select: WIRE) today announced results for the fourth quarter and year ended December 31, 2020.
Fourth Quarter and Full Year 2020 Highlights
Fourth Quarter Earnings per Diluted Share of $1.17; Full Year 2020 Earnings per Diluted Share of $3.68 Fourth Quarter Net income of $24.1 million; Full Year 2020 Net income of $76.1 million Cash on hand of $183.1 million as of December 31, 2020 Current Ratio of 5.93 as of December 31, 2020 No long-term debt and revolving credit line paid down to zero Company... More