Encore Wire Corporation reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 632.66 million compared to USD 660.49 million a year ago. Net income was USD 63.28 million compared to USD 119.48 million a year ago.

Basic earnings per share from continuing operations was USD 4.02 compared to USD 6.6 a year ago. Diluted earnings per share from continuing operations was USD 3.92 compared to USD 6.5 a year ago.