Spire''s Return On Capital Employed Overview
Benzinga Pro data, Spire (NYSE: SR ) reported Q3 sales of $448.00 million. Earnings fell to a loss of $1.40 million, resulting in a 100.81% decrease from last quarter. In Q2, Spire earned $173.60 million, and total sales reached $880.09 million. What Is Return On Capital Employed? 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 a company and is a sign of … Full story available on Benzinga.com
Spire''s Return On Capital Employed Overview
Benzinga Pro data, Spire (NYSE: SR ) reported Q3 sales of $448.00 million. Earnings fell to a loss of $1.40 million, resulting in a 100.81% decrease from last quarter. In Q2, Spire earned $173.60 million, and total sales reached $880.09 million. What Is Return On Capital Employed? 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 a company and is a sign of … Full story available on Benzinga.com