Analog Devices''s Return on Invested Capital Insights
According to Benzinga Pro data Analog Devices (NASDAQ: ADI ) posted a 4.38% decrease in earnings from Q2. Sales, however, increased by 4.64% over the previous quarter to $3.11 billion. Despite the increase in sales this quarter, the decrease in earnings may suggest Analog Devices is not utilizing their capital as effectively as possible. Analog Devices reached earnings of $783.27 million and sales of $2.97 billion in Q2. What Is ROIC? Earnings data without context is not clear and can difficult to base trading decisions on. Return on Invested Capital (ROIC) helps to filter signal from noise by measuring yearly pre-tax profit … Full story available on Benzinga.com
Analog Devices''s Return on Invested Capital Insights
According to Benzinga Pro data Analog Devices (NASDAQ: ADI ) posted a 4.38% decrease in earnings from Q2. Sales, however, increased by 4.64% over the previous quarter to $3.11 billion. Despite the increase in sales this quarter, the decrease in earnings may suggest Analog Devices is not utilizing their capital as effectively as possible. Analog Devices reached earnings of $783.27 million and sales of $2.97 billion in Q2. What Is ROIC? Earnings data without context is not clear and can difficult to base trading decisions on. Return on Invested Capital (ROIC) helps to filter signal from noise by measuring yearly pre-tax profit … Full story available on Benzinga.com