Resolute Forest Products''s Return On Capital Employed Insights
According to Benzinga Pro, during Q2, Resolute Forest Products (NYSE: RFP ) earned $256.00 million, a 21.9% increase from the preceding quarter. Resolute Forest Products also posted a total of $1.06 billion in sales, a 11.96% increase since Q1. In Q1, Resolute Forest Products earned $210.00 million, whereas sales reached $945.00 million. Why Is ROCE Significant? 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 … Full story available on Benzinga.com
Resolute Forest Products''s Return On Capital Employed Insights
According to Benzinga Pro, during Q2, Resolute Forest Products (NYSE: RFP ) earned $256.00 million, a 21.9% increase from the preceding quarter. Resolute Forest Products also posted a total of $1.06 billion in sales, a 11.96% increase since Q1. In Q1, Resolute Forest Products earned $210.00 million, whereas sales reached $945.00 million. Why Is ROCE Significant? 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 … Full story available on Benzinga.com