Calavo Growers''s Return On Capital Employed Insights
According to Benzinga Pro, during Q3, Calavo Growers (NASDAQ: CVGW ) earned $1.32 million, a 577.17% increase from the preceding quarter. Calavo Growers also posted a total of $341.99 million in sales, a 3.19% increase since Q2. In Q2, Calavo Growers brought in $331.42 million in sales but lost $276 thousand in earnings. Why Is ROCE Significant? 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 … Full story available on Benzinga.com
Calavo Growers''s Return On Capital Employed Insights
According to Benzinga Pro, during Q3, Calavo Growers (NASDAQ: CVGW ) earned $1.32 million, a 577.17% increase from the preceding quarter. Calavo Growers also posted a total of $341.99 million in sales, a 3.19% increase since Q2. In Q2, Calavo Growers brought in $331.42 million in sales but lost $276 thousand in earnings. Why Is ROCE Significant? 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 … Full story available on Benzinga.com