Escalade Earnings Perspective: Return On Capital Employed
Pulled from Benzinga Pro data, Escalade (NASDAQ: ESCA ) showed a loss in earnings since Q1, totaling $5.67 million. Sales, on the other hand, increased by 30.34% to $94.34 million during Q2. In Q1, Escalade earned $6.65 million and total sales reached $72.38 million. What Is ROCE? Earnings data without context is not clear and can be difficult to base trading decisions on. Return on Capital Employed (ROCE) helps to filter signal from noise by measuring yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE suggests successful growth of … Full story available on Benzinga.com
Escalade Earnings Perspective: Return On Capital Employed
Pulled from Benzinga Pro data, Escalade (NASDAQ: ESCA ) showed a loss in earnings since Q1, totaling $5.67 million. Sales, on the other hand, increased by 30.34% to $94.34 million during Q2. In Q1, Escalade earned $6.65 million and total sales reached $72.38 million. What Is ROCE? Earnings data without context is not clear and can be difficult to base trading decisions on. Return on Capital Employed (ROCE) helps to filter signal from noise by measuring yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE suggests successful growth of … Full story available on Benzinga.com