Quanta Services Earnings Perspective: Return On Invested Capital
According to Benzinga Pro, during Q2, Quanta Services (NYSE: PWR ) earned $96.16 million, a 13.09% increase from the preceding quarter. Quanta Services also posted a total of $4.23 billion in sales, a 6.71% increase since Q1. In Q1, Quanta Services earned $85.03 million, and total sales reached $3.97 billion. What Is ROIC? Earnings data without context is not clear and can difficult to base trading decisions on. Return on Invested Capital (ROIC) helps to filter signal from noise by measuring yearly pre-tax profit relative to invested capital by a business. Generally, a higher ROIC suggests … Full story available on Benzinga.com
Quanta Services Earnings Perspective: Return On Invested Capital
According to Benzinga Pro, during Q2, Quanta Services (NYSE: PWR ) earned $96.16 million, a 13.09% increase from the preceding quarter. Quanta Services also posted a total of $4.23 billion in sales, a 6.71% increase since Q1. In Q1, Quanta Services earned $85.03 million, and total sales reached $3.97 billion. What Is ROIC? Earnings data without context is not clear and can difficult to base trading decisions on. Return on Invested Capital (ROIC) helps to filter signal from noise by measuring yearly pre-tax profit relative to invested capital by a business. Generally, a higher ROIC suggests … Full story available on Benzinga.com