Looking Into Lifetime Brands Return On Capital Employed
Lifetime Brands (NASDAQ: LCUT ) brought in sales totaling $151.31 million during Q2 according to data provided by Benzinga Pro . However, earnings decreased 1010.53%, resulting in a loss of $3.46 million. In Q1, Lifetime Brands earned $380 thousand, and total sales reached $182.72 million. 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 successful growth of a company and is a … Full story available on Benzinga.com
Looking Into Lifetime Brands Return On Capital Employed
Lifetime Brands (NASDAQ: LCUT ) brought in sales totaling $151.31 million during Q2 according to data provided by Benzinga Pro . However, earnings decreased 1010.53%, resulting in a loss of $3.46 million. In Q1, Lifetime Brands earned $380 thousand, and total sales reached $182.72 million. 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 successful growth of a company and is a … Full story available on Benzinga.com