Looking Into Intercontinental Exchange''s Return On Capital Employed
Pulled from Benzinga Pro data, Intercontinental Exchange (NYSE: ICE ) posted Q2 earnings of $566.00 million, an increase from Q1 of 15.14%. Sales dropped to $1.81 billion, a 4.48% decrease between quarters. In Q1, Intercontinental Exchange earned $667.00 million, and total sales reached $1.90 billion. 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 a company and … Full story available on Benzinga.com
Looking Into Intercontinental Exchange''s Return On Capital Employed
Pulled from Benzinga Pro data, Intercontinental Exchange (NYSE: ICE ) posted Q2 earnings of $566.00 million, an increase from Q1 of 15.14%. Sales dropped to $1.81 billion, a 4.48% decrease between quarters. In Q1, Intercontinental Exchange earned $667.00 million, and total sales reached $1.90 billion. 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 a company and … Full story available on Benzinga.com