Cardinal Health Earnings Perspective: Return On Invested Capital
According to Benzinga Pro, during Q4, Cardinal Health (NYSE: CAH ) earned $137.00 million, a 109.86% increase from the preceding quarter. Cardinal Health also posted a total of $47.10 billion in sales, a 5.06% increase since Q3. In Q3, Cardinal Health brought in $44.84 billion in sales but lost $1.39 billion in earnings. What Is ROIC? Return on Invested Capital is a measure of yearly pre-tax profit relative to capital invested by a business. Changes in earnings and sales indicate shifts in a company''s ROIC. A higher ROIC is generally representative of successful growth … Full story available on Benzinga.com
Cardinal Health Earnings Perspective: Return On Invested Capital
According to Benzinga Pro, during Q4, Cardinal Health (NYSE: CAH ) earned $137.00 million, a 109.86% increase from the preceding quarter. Cardinal Health also posted a total of $47.10 billion in sales, a 5.06% increase since Q3. In Q3, Cardinal Health brought in $44.84 billion in sales but lost $1.39 billion in earnings. What Is ROIC? Return on Invested Capital is a measure of yearly pre-tax profit relative to capital invested by a business. Changes in earnings and sales indicate shifts in a company''s ROIC. A higher ROIC is generally representative of successful growth … Full story available on Benzinga.com