Dana''s Return On Capital Employed Overview
According to Benzinga Pro data Dana (NYSE: DAN ) posted a 50.0% decrease in earnings from Q1. Sales, however, increased by 4.27% over the previous quarter to $2.59 billion. Despite the increase in sales this quarter, the decrease in earnings may suggest Dana is not utilizing their capital as effectively as possible. Dana reached earnings of $20.00 million and sales of $2.48 billion in Q1. What Is ROCE? 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 … Full story available on Benzinga.com
Dana''s Return On Capital Employed Overview
According to Benzinga Pro data Dana (NYSE: DAN ) posted a 50.0% decrease in earnings from Q1. Sales, however, increased by 4.27% over the previous quarter to $2.59 billion. Despite the increase in sales this quarter, the decrease in earnings may suggest Dana is not utilizing their capital as effectively as possible. Dana reached earnings of $20.00 million and sales of $2.48 billion in Q1. What Is ROCE? 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 … Full story available on Benzinga.com