Eagle Materials Earnings Perspective: Return On Capital Employed
According to Benzinga Pro, during Q1, Eagle Materials (NYSE: EXP ) earned $105.00 million, a 41.3% increase from the preceding quarter. Eagle Materials also posted a total of $561.39 million in sales, a 35.89% increase since Q4. Eagle Materials earned $74.32 million, and sales totaled $413.12 million in Q4. Why Is ROCE Significant? 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
Eagle Materials Earnings Perspective: Return On Capital Employed
According to Benzinga Pro, during Q1, Eagle Materials (NYSE: EXP ) earned $105.00 million, a 41.3% increase from the preceding quarter. Eagle Materials also posted a total of $561.39 million in sales, a 35.89% increase since Q4. Eagle Materials earned $74.32 million, and sales totaled $413.12 million in Q4. Why Is ROCE Significant? 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