Standex International Earnings Perspective: Return On Capital Employed
According to Benzinga Pro, during Q4, Standex International (NYSE: SXI ) earned $13.27 million, a 23.4% increase from the preceding quarter. Standex International''s sales decreased to $184.74 million, a 2.4% change since Q3. In Q3, Standex International earned $17.32 million, and total sales reached $189.28 million. What Is Return On Capital Employed? 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 … Full story available on Benzinga.com
Standex International Earnings Perspective: Return On Capital Employed
According to Benzinga Pro, during Q4, Standex International (NYSE: SXI ) earned $13.27 million, a 23.4% increase from the preceding quarter. Standex International''s sales decreased to $184.74 million, a 2.4% change since Q3. In Q3, Standex International earned $17.32 million, and total sales reached $189.28 million. What Is Return On Capital Employed? 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 … Full story available on Benzinga.com