Invacare Earnings Perspective: Return On Capital Employed
According to Benzinga Pro data, during Q2, Invacare (NYSE: IVC ) posted sales of $189.02 million. Earnings were up 9.32%, but Invacare still reported an overall loss of $21.94 million. Invacare collected $200.99 million in revenue during Q1, but reported earnings showed a $24.20 million loss. What Is Return On Capital Employed? 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 … Full story available on Benzinga.com
Invacare Earnings Perspective: Return On Capital Employed
According to Benzinga Pro data, during Q2, Invacare (NYSE: IVC ) posted sales of $189.02 million. Earnings were up 9.32%, but Invacare still reported an overall loss of $21.94 million. Invacare collected $200.99 million in revenue during Q1, but reported earnings showed a $24.20 million loss. What Is Return On Capital Employed? 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 … Full story available on Benzinga.com