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Benzinga Insights

Encore Wire's Return On Capital Employed Overview

Encore Wire Nasdaq

According to Benzinga Pro, during Q1, Encore Wire (NASDAQ:WIRE) earned $161.53 million, a 14.04% increase from the preceding quarter. Encore Wire also posted a total of $723.07 million in sales, a 5.12% increase since Q4. In Q4, Encore Wire earned $141.64 million, and total sales reached $687.85 million.

Why Is ROCE Significant?

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