Looking Into Cal-Maine Foods''s Return On Capital Employed
According to Benzinga Pro, during Q4, Cal-Maine Foods (NASDAQ: CALM ) earned $109.87 million, a 178.47% increase from the preceding quarter. Cal-Maine Foods also posted a total of $592.96 million in sales, a 24.18% increase since Q3. Cal-Maine Foods earned $39.45 million, and sales totaled $477.49 million in Q3. Why Is ROCE 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 of successful growth of … Full story available on Benzinga.com
Looking Into Cal-Maine Foods''s Return On Capital Employed
According to Benzinga Pro, during Q4, Cal-Maine Foods (NASDAQ: CALM ) earned $109.87 million, a 178.47% increase from the preceding quarter. Cal-Maine Foods also posted a total of $592.96 million in sales, a 24.18% increase since Q3. Cal-Maine Foods earned $39.45 million, and sales totaled $477.49 million in Q3. Why Is ROCE 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 of successful growth of … Full story available on Benzinga.com