MCKINNEY, Texas (AP) _ Encore Wire Corp. (WIRE) on Wednesday reported second-quarter earnings of $12.3 million.
On a per-share basis, the McKinney, Texas-based company said it had profit of 60 cents.
The copper wire maker posted revenue of $253.6 million in the period.
Encore Wire shares have dropped 11% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $51.03, a drop of slightly more than 7% 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
Automated Insights, source Associated Press News