Methode Electronics Insights: Return On Capital Employed
Methode Electronics (NYSE: MEI ) posted a 4.8% decrease in earnings from Q3. Sales, however, increased by 1.93% over the previous quarter to $301.00 million. Despite the increase in sales this quarter, the decrease in earnings may suggest Methode Electronics is not utilizing their capital as effectively as possible. Methode Electronics reached earnings of $35.40 million and sales of $295.30 million in Q3. Why ROCE Is Significant Changes in earnings and sales indicate shifts in Methode Electronics''s Return on Capital Employed, a measure of yearly Full story available on Benzinga.com
Methode Electronics Insights: Return On Capital Employed
Methode Electronics (NYSE: MEI ) posted a 4.8% decrease in earnings from Q3. Sales, however, increased by 1.93% over the previous quarter to $301.00 million. Despite the increase in sales this quarter, the decrease in earnings may suggest Methode Electronics is not utilizing their capital as effectively as possible. Methode Electronics reached earnings of $35.40 million and sales of $295.30 million in Q3. Why ROCE Is Significant Changes in earnings and sales indicate shifts in Methode Electronics''s Return on Capital Employed, a measure of yearly Full story available on Benzinga.com