Encore Wire Corporation reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 838.24 million compared to USD 744.41 million a year ago. Net income was USD 210.54 million compared to USD 183.05 million a year ago. Basic earnings per share from continuing operations was USD 10.84 compared to USD 8.89 a year ago. Diluted earnings per share from continuing operations was USD 10.71 compared to USD 8.82 a year ago.
For the six months, sales was USD 1,561.31 million compared to USD 1,188.55 million a year ago. Net income was USD 372.07 million compared to USD 224.24 million a year ago. Basic earnings per share from continuing operations was USD 18.88 compared to USD 10.9 a year ago. Diluted earnings per share from continuing operations was USD 18.62 compared to USD 10.81 a year ago.