Lumen Technologies'' Return On Capital Employed Insights
Pulled from Benzinga Pro data, Lumen Technologies (NYSE: LUMN ) posted Q2 earnings of $344.00 million, an increase from Q1 of 42.57%. Sales dropped to $4.61 billion, a 1.37% decrease between quarters. In Q1, Lumen Technologies earned $599.00 million, and total sales reached $4.68 billion. Why Is ROCE Significant? 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 and … Full story available on Benzinga.com
Lumen Technologies'' Return On Capital Employed Insights
Pulled from Benzinga Pro data, Lumen Technologies (NYSE: LUMN ) posted Q2 earnings of $344.00 million, an increase from Q1 of 42.57%. Sales dropped to $4.61 billion, a 1.37% decrease between quarters. In Q1, Lumen Technologies earned $599.00 million, and total sales reached $4.68 billion. Why Is ROCE Significant? 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 and … Full story available on Benzinga.com