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Encore Wire Corporation - $WIRE STOCK NEWS

Welcome to our dedicated page for Encore Wire Corporation news (Ticker: $WIRE), a resource for investors and traders seeking the latest updates and insights on Encore Wire Corporation stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Encore Wire Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Encore Wire Corporation's position in the market.

Rhea-AI Summary
Encore Wire Corporation announces second quarter 2023 results with earnings per diluted share of $6.01 and net income of $104.7 million. Gross profit was 26.1% in Q2 2023, and the company had $667.8 million in cash on hand as of June 30, 2023. Additionally, the company repurchased 772,931 shares during the quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.94%
Tags
buyback earnings
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Rhea-AI Summary
Encore Wire Corporation (NASDAQ: WIRE) will release its second quarter 2023 earnings on July 25, 2023, after the stock market close. The company will host a conference call on July 26, 2023, to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.72%
Tags
-
News
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.04%
Tags
dividends
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.91%
Tags
buyback earnings
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.1%
Tags
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.84%
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none
News
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
dividends
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.13%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.11%
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.65%
Tags
management
Encore Wire Corporation

Nasdaq:WIRE

WIRE Rankings

WIRE Stock Data

4.40B
15.00M
6.62%
106.13%
19.17%
Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers
Wholesale Trade
Link
United States of America
MCKINNEY

About WIRE

encore wire (www.encorewire.com) is a leading manufacturer of residential, commercial and industrial copper and aluminum electrical building wire. encore wire’s 425-acre single-campus and over 2.1 million sq. ft. under roof allows for deep inventory levels and unmatched delivery times. our innovative wire pulling solutions, award-winning colored wire and metal-clad and armored clad smartcolorid identification system promote cost and labor savings and safety.