FreightCar America''s Return On Capital Employed Insights
According to Benzinga Pro, during Q2, FreightCar America (NASDAQ: RAIL ) earned $14.54 million, a 156.25% increase from the preceding quarter. FreightCar America''s sales decreased to $56.79 million, a 39.09% change since Q1. FreightCar America collected $93.24 million in revenue during Q1, but reported earnings showed a $25.85 million loss. What Is ROCE? Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company''s ROCE. A higher ROCE is generally representative of successful growth of … Full story available on Benzinga.com
FreightCar America''s Return On Capital Employed Insights
According to Benzinga Pro, during Q2, FreightCar America (NASDAQ: RAIL ) earned $14.54 million, a 156.25% increase from the preceding quarter. FreightCar America''s sales decreased to $56.79 million, a 39.09% change since Q1. FreightCar America collected $93.24 million in revenue during Q1, but reported earnings showed a $25.85 million loss. What Is ROCE? Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company''s ROCE. A higher ROCE is generally representative of successful growth of … Full story available on Benzinga.com