Investing.com - Encore Wire reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Encore Wire announced earnings per share of $9.97 on revenue of $762.36. Analysts polled by Investing.com EPS of $6.82 on revenue of $693.13M.
Encore Wire 's are up 22.07% and is trading at $142.00 , still down 10.44% from its 52 week high of $151.64 set on Tuesday, November 23, 2021.
Encore Wire shares gained 4.56% to trade at $142.00 in after-hours trade the report.
Encore Wire follows other major Industrials sector earnings this month
Encore Wire's report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of $2.99 on revenue of $24.2B, EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on Tuesday with third quarter EPS of $1.21 on revenue of $17B, for EPS of $1.14 on revenue of $17.31B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar