PBF Logistics''s Return On Capital Employed Insights
According to Benzinga Pro, during Q2, PBF Logistics (NYSE: PBFX ) earned $39.22 million, a 8.17% increase from the preceding quarter. PBF Logistics also posted a total of $93.37 million in sales, a 4.39% increase since Q1. In Q1, PBF Logistics earned $36.26 million, and total sales reached $89.44 million. Why Is ROCE Significant? 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 … Full story available on Benzinga.com
PBF Logistics''s Return On Capital Employed Insights
According to Benzinga Pro, during Q2, PBF Logistics (NYSE: PBFX ) earned $39.22 million, a 8.17% increase from the preceding quarter. PBF Logistics also posted a total of $93.37 million in sales, a 4.39% increase since Q1. In Q1, PBF Logistics earned $36.26 million, and total sales reached $89.44 million. Why Is ROCE Significant? 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 … Full story available on Benzinga.com