Looking Into Wynn Resorts''s Return On Capital Employed
Wynn Resorts (NASDAQ: WYNN ) reported Q1 sales of $725.78 million. Earnings fell to a loss of $175.73 million, resulting in a 1.61% decrease from last quarter. Wynn Resorts collected $686.00 million in revenue during Q4, but reported earnings showed a $178.61 million loss. What Is ROCE? 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 Full story available on Benzinga.com
Looking Into Wynn Resorts''s Return On Capital Employed
Wynn Resorts (NASDAQ: WYNN ) reported Q1 sales of $725.78 million. Earnings fell to a loss of $175.73 million, resulting in a 1.61% decrease from last quarter. Wynn Resorts collected $686.00 million in revenue during Q4, but reported earnings showed a $178.61 million loss. What Is ROCE? 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 Full story available on Benzinga.com