U.S. Markets closed

Encore Wire: 2Q Earnings Snapshot

MCKINNEY, Texas (AP) _ Encore Wire Corp. (WIRE) on Tuesday reported second-quarter net income of $17.8 million.

The McKinney, Texas-based company said it had net income of 85 cents per share.

The copper wire maker posted revenue of $336.9 million in the period.

Encore Wire shares have increased almost 10% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $54.99, a climb of 18% in the last 12 months.

_____

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