Atmos Energy Earnings Perspective: Return On Capital Employed
According to Benzinga Pro, during Q3, Atmos Energy (NYSE: ATO ) earned $128.55 million, a 60.45% increase from the preceding quarter. Atmos Energy''s sales decreased to $816.43 million, a 50.52% change since Q2. Atmos Energy reached earnings of $325.00 million and sales of $1.65 billion in Q2. 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
Atmos Energy Earnings Perspective: Return On Capital Employed
According to Benzinga Pro, during Q3, Atmos Energy (NYSE: ATO ) earned $128.55 million, a 60.45% increase from the preceding quarter. Atmos Energy''s sales decreased to $816.43 million, a 50.52% change since Q2. Atmos Energy reached earnings of $325.00 million and sales of $1.65 billion in Q2. 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