Copa Holdings Earnings Perspective: Return On Capital Employed
According to Benzinga Pro, during Q1, Copa Holdings (NYSE: CPA ) earned $115.46 million, a 127.84% increase from the preceding quarter. Copa Holdings''s sales decreased to $571.58 million, a 0.59% change since Q4. In Q4, Copa Holdings brought in $575.00 million in sales but lost $414.69 million in earnings. 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
Copa Holdings Earnings Perspective: Return On Capital Employed
According to Benzinga Pro, during Q1, Copa Holdings (NYSE: CPA ) earned $115.46 million, a 127.84% increase from the preceding quarter. Copa Holdings''s sales decreased to $571.58 million, a 0.59% change since Q4. In Q4, Copa Holdings brought in $575.00 million in sales but lost $414.69 million in earnings. 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