Looking Into Cedar Fair''s Return On Capital Employed
According to Benzinga Pro, during Q2, Cedar Fair (NYSE: FUN ) earned $50.77 million, a 157.36% increase from the preceding quarter. Cedar Fair also posted a total of $509.49 million in sales, a 415.5% increase since Q1. In Q1, Cedar Fair brought in $98.83 million in sales but lost $88.51 million in earnings. What Is Return On Capital Employed? 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 … Full story available on Benzinga.com
Looking Into Cedar Fair''s Return On Capital Employed
According to Benzinga Pro, during Q2, Cedar Fair (NYSE: FUN ) earned $50.77 million, a 157.36% increase from the preceding quarter. Cedar Fair also posted a total of $509.49 million in sales, a 415.5% increase since Q1. In Q1, Cedar Fair brought in $98.83 million in sales but lost $88.51 million in earnings. What Is Return On Capital Employed? 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 … Full story available on Benzinga.com