Looking Into Vector Group''s Return On Capital Employed
According to Benzinga Pro, during Q2, Vector Group (NYSE: VGR ) earned $39.15 million, a 20.32% increase from the preceding quarter. Vector Group also posted a total of $387.20 million in sales, a 24.09% increase since Q1. In Q1, Vector Group earned $32.54 million, and total sales reached $312.04 million. 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 successful growth … Full story available on Benzinga.com
Looking Into Vector Group''s Return On Capital Employed
According to Benzinga Pro, during Q2, Vector Group (NYSE: VGR ) earned $39.15 million, a 20.32% increase from the preceding quarter. Vector Group also posted a total of $387.20 million in sales, a 24.09% increase since Q1. In Q1, Vector Group earned $32.54 million, and total sales reached $312.04 million. 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 successful growth … Full story available on Benzinga.com