Encore Wire (NASDAQ:WIRE) reported its Q4 earnings results on Tuesday, February 15, 2022 at 05:05 PM.
Here's what investors need to know about the announcement.
Earnings
Encore Wire beat estimated earnings by 117.98%, reporting an EPS of $6.91 versus an estimate of $3.17.
Revenue was up $307.03 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $5.6, which was followed by a 6.6% increase in the share price the next day.
Here's a look at Encore Wire's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 2.91 | 1.38 | 0.87 | 0.68 |
| EPS Actual | 8.51 | 8.82 | 1.99 | 1.17 |
| Revenue Estimate | 587.34M | 456.51M | 384.57M | 334.19M |
| Revenue Actual | 716.32M | 744.41M | 441.14M | 380.82M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
