Haynes International Earnings Perspective: Return On Invested Capital
According to Benzinga Pro, during Q3, Haynes International (NASDAQ: HAYN ) earned $15.61 million, a 83.97% increase from the preceding quarter. Haynes International also posted a total of $130.16 million in sales, a 11.2% increase since Q2. Haynes International earned $8.48 million, and sales totaled $117.06 million in Q2. What Is Return On Invested Capital? Return on Invested Capital is a measure of yearly pre-tax profit relative to capital invested by a business. Changes in earnings and sales indicate shifts in a company''s ROIC. A higher ROIC is generally representative of successful growth of a company and is a sign of higher … Full story available on Benzinga.com
Haynes International Earnings Perspective: Return On Invested Capital
According to Benzinga Pro, during Q3, Haynes International (NASDAQ: HAYN ) earned $15.61 million, a 83.97% increase from the preceding quarter. Haynes International also posted a total of $130.16 million in sales, a 11.2% increase since Q2. Haynes International earned $8.48 million, and sales totaled $117.06 million in Q2. What Is Return On Invested Capital? Return on Invested Capital is a measure of yearly pre-tax profit relative to capital invested by a business. Changes in earnings and sales indicate shifts in a company''s ROIC. A higher ROIC is generally representative of successful growth of a company and is a sign of higher … Full story available on Benzinga.com