Looking Into REV Group''s Return On Invested Capital
According to Benzinga Pro, during Q3, REV Group (NYSE: REVG ) earned $9.50 million, a 513.04% increase from the preceding quarter. REV Group also posted a total of $594.80 million in sales, a 3.21% increase since Q2. REV Group collected $576.30 million in revenue during Q2, but reported earnings showed a $2.30 million loss. What Is ROIC? 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 … Full story available on Benzinga.com
Looking Into REV Group''s Return On Invested Capital
According to Benzinga Pro, during Q3, REV Group (NYSE: REVG ) earned $9.50 million, a 513.04% increase from the preceding quarter. REV Group also posted a total of $594.80 million in sales, a 3.21% increase since Q2. REV Group collected $576.30 million in revenue during Q2, but reported earnings showed a $2.30 million loss. What Is ROIC? 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 … Full story available on Benzinga.com