SmartRent, Inc. Class A Common Stock''s Return On Capital Employed Insights
SmartRent, Inc. Class A Common Stock (NYSE: SMRT ) brought in sales totaling $42.41 million during Q2 according to data provided by Benzinga Pro . However, earnings decreased 9.38%, resulting in a loss of $25.59 million. In Q1, SmartRent, Inc. Class A Common Stock brought in $37.36 million in sales but lost $23.39 million in earnings. What Is ROCE? 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 is a … Full story available on Benzinga.com
SmartRent, Inc. Class A Common Stock''s Return On Capital Employed Insights
SmartRent, Inc. Class A Common Stock (NYSE: SMRT ) brought in sales totaling $42.41 million during Q2 according to data provided by Benzinga Pro . However, earnings decreased 9.38%, resulting in a loss of $25.59 million. In Q1, SmartRent, Inc. Class A Common Stock brought in $37.36 million in sales but lost $23.39 million in earnings. What Is ROCE? 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 is a … Full story available on Benzinga.com