Encore Wire (WIRE) Tops Q1 EPS by $1.12
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Encore Wire Reports First Quarter Results, Enhances Liquidity and Maintains Balance Sheet Strength
April 26, 2021 5:15 PM EDTMCKINNEY, Texas--(BUSINESS WIRE)-- Encore Wire Corporation (NASDAQ Global Select: WIRE) today announced results for the first quarter of 2021.
First Quarter 2021 Highlights
Earnings per diluted share of $1.99 Net income of $41.2 million Cash on hand of $155.0 million as of March 31, 2021 Current Ratio of 5.06 as of March 31, 2021 No long-term debt and revolving credit line paid down to zero The Companys Board of Directors has declared a quarterly dividend of $0.02 per shareNet sales for the first quarter ended March 31, 2021 were... More
