Timken''s Return On Capital Employed Insights
Pulled from Benzinga Pro data, Timken (NYSE: TKR ) showed a loss in earnings since Q1, totaling $105.60 million. Sales, on the other hand, increased by 2.58% to $1.15 billion during Q2. Timken reached earnings of $121.90 million and sales of $1.12 billion in Q1. What Is Return On Capital Employed? 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 … Full story available on Benzinga.com
Timken''s Return On Capital Employed Insights
Pulled from Benzinga Pro data, Timken (NYSE: TKR ) showed a loss in earnings since Q1, totaling $105.60 million. Sales, on the other hand, increased by 2.58% to $1.15 billion during Q2. Timken reached earnings of $121.90 million and sales of $1.12 billion in Q1. What Is Return On Capital Employed? 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 … Full story available on Benzinga.com