Northwest Natural Holding''s Return On Capital Employed Overview
Pulled from Benzinga Pro data, Northwest Natural Holding (NYSE: NWN ) posted Q2 earnings of $1.72 million, an increase from Q1 of 96.95%. Sales dropped to $194.96 million, a 44.35% decrease between quarters. In Q1, Northwest Natural Holding earned $56.24 million, and total sales reached $350.30 million. 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 relative to capital employed by a business. Generally, a higher ROCE suggests successful growth … Full story available on Benzinga.com
Northwest Natural Holding''s Return On Capital Employed Overview
Pulled from Benzinga Pro data, Northwest Natural Holding (NYSE: NWN ) posted Q2 earnings of $1.72 million, an increase from Q1 of 96.95%. Sales dropped to $194.96 million, a 44.35% decrease between quarters. In Q1, Northwest Natural Holding earned $56.24 million, and total sales reached $350.30 million. 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 relative to capital employed by a business. Generally, a higher ROCE suggests successful growth … Full story available on Benzinga.com