Looking Into Nelnet''s Return On Capital Employed
Nelnet (NYSE: NNI ) posted Q1 earnings of $157.76 million, an increase from Q4 of 46.27%. Sales dropped to $340.44 million, a 35.74% decrease between quarters. In Q4, Nelnet earned $293.62 million, and total sales reached $529.77 million. Why ROCE Is Significant Changes in earnings and sales indicate shifts in Nelnet''s Return on Capital Employed, a measure of yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE suggests successful growth of a company and is a Full story available on Benzinga.com
Looking Into Nelnet''s Return On Capital Employed
Nelnet (NYSE: NNI ) posted Q1 earnings of $157.76 million, an increase from Q4 of 46.27%. Sales dropped to $340.44 million, a 35.74% decrease between quarters. In Q4, Nelnet earned $293.62 million, and total sales reached $529.77 million. Why ROCE Is Significant Changes in earnings and sales indicate shifts in Nelnet''s Return on Capital Employed, a measure of yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE suggests successful growth of a company and is a Full story available on Benzinga.com