Allegheny Technologies Return On Capital Employed Insights
Allegheny Technologies (NYSE: ATI ) brought in sales totaling $959.50 million during Q2 according to data provided by Benzinga Pro . However, earnings decreased 197.44%, resulting in a loss of $34.30 million. In Q1, Allegheny Technologies earned $35.20 million and total sales reached $834.10 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 of a company and is a … Full story available on Benzinga.com
Allegheny Technologies Return On Capital Employed Insights
Allegheny Technologies (NYSE: ATI ) brought in sales totaling $959.50 million during Q2 according to data provided by Benzinga Pro . However, earnings decreased 197.44%, resulting in a loss of $34.30 million. In Q1, Allegheny Technologies earned $35.20 million and total sales reached $834.10 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 of a company and is a … Full story available on Benzinga.com