Looking Into Trinity Industries''s Return On Invested Capital
Pulled from Benzinga Pro data, Trinity Industries (NYSE: TRN ) posted Q2 earnings of $8.50 million, an increase from Q1 of 347.37%. Sales dropped to $416.80 million, a 11.83% decrease between quarters. In Q1, Trinity Industries brought in $472.70 million in sales but only earned $1.90 million. What Is Return On Invested Capital? Earnings data without context is not clear and can difficult to base trading decisions on. Return on Invested Capital (ROIC) helps to filter signal from noise by measuring yearly pre-tax profit relative to invested capital by a business. Generally, a higher ROIC suggests successful growth of a company and is a … Full story available on Benzinga.com
Looking Into Trinity Industries''s Return On Invested Capital
Pulled from Benzinga Pro data, Trinity Industries (NYSE: TRN ) posted Q2 earnings of $8.50 million, an increase from Q1 of 347.37%. Sales dropped to $416.80 million, a 11.83% decrease between quarters. In Q1, Trinity Industries brought in $472.70 million in sales but only earned $1.90 million. What Is Return On Invested Capital? Earnings data without context is not clear and can difficult to base trading decisions on. Return on Invested Capital (ROIC) helps to filter signal from noise by measuring yearly pre-tax profit relative to invested capital by a business. Generally, a higher ROIC suggests successful growth of a company and is a … Full story available on Benzinga.com