Encore Wire: 2Q Earnings Snapshot
Encore Wire: 2Q Earnings Snapshot
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MCKINNEY, Texas (AP) _ Encore Wire Corp. (WIRE) on Tuesday reported second-quarter net income of $18.1 million.
On a per-share basis, the McKinney, Texas-based company said it had profit of 86 cents.
The copper wire maker posted revenue of $336.8 million in the period.
Encore Wire shares have climbed slightly since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $48.75, a rise of slightly more than 9 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WIRE at https://www.zacks.com/ap/WIRE
