Cabot''s Return On Capital Employed Insights
Pulled from Benzinga Pro data, Cabot (NYSE: CBT ) showed a loss in earnings since Q2, totaling $106.00 million. Sales, on the other hand, increased by 5.22% to $1.15 billion during Q3. In Q2, Cabot earned $114.00 million and total sales reached $1.09 billion. 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 … Full story available on Benzinga.com
Cabot''s Return On Capital Employed Insights
Pulled from Benzinga Pro data, Cabot (NYSE: CBT ) showed a loss in earnings since Q2, totaling $106.00 million. Sales, on the other hand, increased by 5.22% to $1.15 billion during Q3. In Q2, Cabot earned $114.00 million and total sales reached $1.09 billion. 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 … Full story available on Benzinga.com