Pilgrims Pride Earnings Perspective: Return On Invested Capital
According to Benzinga Pro, during Q2, Pilgrims Pride (NASDAQ: PPC ) earned $362.02 million, a 29.04% increase from the preceding quarter. Pilgrims Pride also posted a total of $4.63 billion in sales, a 9.25% increase since Q1. In Q1, Pilgrims Pride earned $280.56 million, and total sales reached $4.24 billion. Why Is ROIC Significant? 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 relative to invested capital by a business. Generally, a higher ROIC suggests successful growth of a company and is a sign of higher … Full story available on Benzinga.com
Pilgrims Pride Earnings Perspective: Return On Invested Capital
According to Benzinga Pro, during Q2, Pilgrims Pride (NASDAQ: PPC ) earned $362.02 million, a 29.04% increase from the preceding quarter. Pilgrims Pride also posted a total of $4.63 billion in sales, a 9.25% increase since Q1. In Q1, Pilgrims Pride earned $280.56 million, and total sales reached $4.24 billion. Why Is ROIC Significant? 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 relative to invested capital by a business. Generally, a higher ROIC suggests successful growth of a company and is a sign of higher … Full story available on Benzinga.com