Encore Wire’s earnings soar in third quarter

Oct 25, 2013 | 03:35 PM | Rey Mashayekhi

Tags  Encore Wire, copper, copper wire, earnings report, Daniel L. Jones, Rey Mashayekhi

NEW YORK — Encore Wire Corp.’s earnings nearly tripled in the third quarter on stronger building wire sales.

The McKinney, Texas-based company posted net income of $13.8 million for the three months ended Sept. 30 vs. $5.5 million in the same period last year on a 15.1-percent increase in sales to $309.9 million.....

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