AstroNova: Return On Capital Employed Insights
AstroNova (NASDAQ: ALOT ) posted Q1 earnings of $735.00 thousand, an increase from Q4 of 35.98%. Sales dropped to $29.08 million, a 1.22% decrease between quarters. In Q4, AstroNova earned $1.15 million, and total sales reached $29.44 million. Why ROCE Is Significant Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company''s ROCE. A higher ROCE is generally representative Full story available on Benzinga.com
AstroNova: Return On Capital Employed Insights
AstroNova (NASDAQ: ALOT ) posted Q1 earnings of $735.00 thousand, an increase from Q4 of 35.98%. Sales dropped to $29.08 million, a 1.22% decrease between quarters. In Q4, AstroNova earned $1.15 million, and total sales reached $29.44 million. Why ROCE Is Significant Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company''s ROCE. A higher ROCE is generally representative Full story available on Benzinga.com