FirstEnergy''s Return On Invested Capital Overview
Pulled from Benzinga Pro data, FirstEnergy (NYSE: FE ) posted Q2 earnings of $192.00 million, an increase from Q1 of 33.33%. Sales dropped to $2.82 billion, a 5.72% decrease between quarters. FirstEnergy earned $288.00 million, and sales totaled $2.99 billion in Q1. Why Is ROIC Significant? 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 of a company and is a sign of higher earnings per share in the future. A low … Full story available on Benzinga.com
FirstEnergy''s Return On Invested Capital Overview
Pulled from Benzinga Pro data, FirstEnergy (NYSE: FE ) posted Q2 earnings of $192.00 million, an increase from Q1 of 33.33%. Sales dropped to $2.82 billion, a 5.72% decrease between quarters. FirstEnergy earned $288.00 million, and sales totaled $2.99 billion in Q1. Why Is ROIC Significant? 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 of a company and is a sign of higher earnings per share in the future. A low … Full story available on Benzinga.com