Idacorp''s Return On Capital Employed Overview
According to Benzinga Pro, during Q2, Idacorp (NYSE: IDA ) earned $64.59 million, a 39.85% increase from the preceding quarter. Idacorp also posted a total of $358.72 million in sales, a 4.19% increase since Q1. In Q1, Idacorp earned $46.18 million, and total sales reached $344.29 million. What Is ROCE? 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 successful … Full story available on Benzinga.com
Idacorp''s Return On Capital Employed Overview
According to Benzinga Pro, during Q2, Idacorp (NYSE: IDA ) earned $64.59 million, a 39.85% increase from the preceding quarter. Idacorp also posted a total of $358.72 million in sales, a 4.19% increase since Q1. In Q1, Idacorp earned $46.18 million, and total sales reached $344.29 million. What Is ROCE? 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 successful … Full story available on Benzinga.com