Norfolk Southern''s Return On Capital Employed Insights
According to Benzinga Pro, during Q2, Norfolk Southern (NYSE: NSC ) earned $819.00 million, a 16.5% increase from the preceding quarter. Norfolk Southern also posted a total of $3.25 billion in sales, a 11.49% increase since Q1. In Q1, Norfolk Southern earned $703.00 million, and total sales reached $2.92 billion. 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 … Full story available on Benzinga.com
Norfolk Southern''s Return On Capital Employed Insights
According to Benzinga Pro, during Q2, Norfolk Southern (NYSE: NSC ) earned $819.00 million, a 16.5% increase from the preceding quarter. Norfolk Southern also posted a total of $3.25 billion in sales, a 11.49% increase since Q1. In Q1, Norfolk Southern earned $703.00 million, and total sales reached $2.92 billion. 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 … Full story available on Benzinga.com