05:29 PM EDT, 04/23/2024 (MT Newswires) -- Encore Wire ( WIRE ) reported Q1 earnings late Tuesday of $3.92 per diluted share, down from $6.50 a year earlier.

Analysts polled by Capital IQ expected $3.71.

Net sales for the quarter that ended March 31 was $632.7 million, down from $660.5 million a year earlier.

Analysts surveyed by Capital IQ expected $589.9 million.

Shares of the company traded about 1.2% higher in after-hours activity.

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