Encore Wire (Nasdaq: WIRE) reported earnings on July 25. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 30 (Q2), Encore Wire beat expectations on revenues and crushed expectations on earnings per share.

Compared to the prior-year quarter, revenue increased. GAAP earnings per share expanded significantly.

Margins grew across the board.

Revenue details
Encore Wire tallied revenue of $289.5 million. The two analysts polled by S&P Capital IQ expected a top line of $255.0 million on the same basis. GAAP reported sales were 9.3% higher than the prior-year quarter's $264.7 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.75. The two earnings estimates compiled by S&P Capital IQ averaged $0.30 per share. GAAP EPS of $0.75 for Q2 were much higher than the prior-year quarter's $0.11 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 13.9%, 660 basis points better than the prior-year quarter. Operating margin was 8.3%, 680 basis points better than the prior-year quarter. Net margin was 5.4%, 450 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $254.0 million. On the bottom line, the average EPS estimate is $0.30.

Next year's average estimate for revenue is $1.03 billion. The average EPS estimate is $1.21.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 323 members out of 348 rating the stock outperform, and 25 members rating it underperform. Among 80 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 76 give Encore Wire a green thumbs-up, and four give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Encore Wire is outperform, with an average price target of $37.50.

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