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Encore Wire: Q4 Earnings Snapshot

Encore Wire: Q4 Earnings Snapshot

By AP News
Published - Feb 13, 2024, 05:22 PM ET
Last Updated - Feb 13, 2024, 05:23 PM EST

MCKINNEY, Texas (AP) — MCKINNEY, Texas (AP) — Encore Wire Corp. (WIRE) on Tuesday reported profit of $66.1 million in its fourth quarter.

On a per-share basis, the McKinney, Texas-based company said it had net income of $4.10.

The copper wire maker posted revenue of $633.8 million in the period.

For the year, the company reported profit of $372.4 million, or $21.62 per share. Revenue was reported as $2.57 billion.

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