Information Services Earnings Perspective: Return On Capital Employed
Pulled from Benzinga Pro data, Information Services (NASDAQ: III ) posted Q2 earnings of $4.96 million, an increase from Q1 of 0.55%. Sales dropped to $70.70 million, a 2.57% decrease between quarters. In Q1, Information Services earned $4.93 million, whereas sales reached $72.56 million. 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 growth of a … Full story available on Benzinga.com
Information Services Earnings Perspective: Return On Capital Employed
Pulled from Benzinga Pro data, Information Services (NASDAQ: III ) posted Q2 earnings of $4.96 million, an increase from Q1 of 0.55%. Sales dropped to $70.70 million, a 2.57% decrease between quarters. In Q1, Information Services earned $4.93 million, whereas sales reached $72.56 million. 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 growth of a … Full story available on Benzinga.com