Alexander Baldwin Earnings Perspective: Return On Capital Employed
According to Benzinga Pro, during Q2, Alexander Baldwin (NYSE: ALEX ) earned $4.40 million, a 60.0% increase from the preceding quarter. Alexander Baldwin''s sales decreased to $88.10 million, a 10.29% change since Q1. Alexander Baldwin earned $11.00 million, and sales totaled $98.20 million in Q1. What Is ROCE? 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 a company and … Full story available on Benzinga.com
Alexander Baldwin Earnings Perspective: Return On Capital Employed
According to Benzinga Pro, during Q2, Alexander Baldwin (NYSE: ALEX ) earned $4.40 million, a 60.0% increase from the preceding quarter. Alexander Baldwin''s sales decreased to $88.10 million, a 10.29% change since Q1. Alexander Baldwin earned $11.00 million, and sales totaled $98.20 million in Q1. What Is ROCE? 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 a company and … Full story available on Benzinga.com