Invesco Mortgage Capital Earnings Perspective: Return On Capital Employed
According to Benzinga Pro data, during Q2, Invesco Mortgage Capital (NYSE: IVR ) posted sales of $41.10 million. Earnings were up 52.05%, but Invesco Mortgage Capital still reported an overall loss of $109.53 million. In Q1, Invesco Mortgage Capital brought in $44.28 million in sales but lost $228.42 million in earnings. What Is Return On Capital Employed? 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 … Full story available on Benzinga.com
Invesco Mortgage Capital Earnings Perspective: Return On Capital Employed
According to Benzinga Pro data, during Q2, Invesco Mortgage Capital (NYSE: IVR ) posted sales of $41.10 million. Earnings were up 52.05%, but Invesco Mortgage Capital still reported an overall loss of $109.53 million. In Q1, Invesco Mortgage Capital brought in $44.28 million in sales but lost $228.42 million in earnings. What Is Return On Capital Employed? 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 … Full story available on Benzinga.com