Looking Into Franklin Resources''s Return On Capital Employed
Pulled from Benzinga Pro data, Franklin Resources (NYSE: BEN ) posted Q3 earnings of $223.60 million, an increase from Q2 of 37.73%. Sales dropped to $2.03 billion, a 2.4% decrease between quarters. In Q2, Franklin Resources earned $359.10 million, and total sales reached $2.08 billion. What Is Return On Capital Employed? Earnings data without context is not clear and can be difficult to base trading decisions on. Return on Capital Employed (ROCE) helps to filter signal from noise by measuring yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE suggests successful … Full story available on Benzinga.com
Looking Into Franklin Resources''s Return On Capital Employed
Pulled from Benzinga Pro data, Franklin Resources (NYSE: BEN ) posted Q3 earnings of $223.60 million, an increase from Q2 of 37.73%. Sales dropped to $2.03 billion, a 2.4% decrease between quarters. In Q2, Franklin Resources earned $359.10 million, and total sales reached $2.08 billion. What Is Return On Capital Employed? Earnings data without context is not clear and can be difficult to base trading decisions on. Return on Capital Employed (ROCE) helps to filter signal from noise by measuring yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE suggests successful … Full story available on Benzinga.com