Adams Resources Energy Earnings Perspective: Return On Capital Employed
Pulled from Benzinga Pro data, Adams Resources Energy (AMEX: AE ) showed a loss in earnings since Q1, totaling $2.48 million. Sales, on the other hand, increased by 28.13% to $992.05 million during Q2. Adams Resources Energy reached earnings of $6.09 million and sales of $774.25 million in Q1. Why Is ROCE Significant? 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 … Full story available on Benzinga.com
Adams Resources Energy Earnings Perspective: Return On Capital Employed
Pulled from Benzinga Pro data, Adams Resources Energy (AMEX: AE ) showed a loss in earnings since Q1, totaling $2.48 million. Sales, on the other hand, increased by 28.13% to $992.05 million during Q2. Adams Resources Energy reached earnings of $6.09 million and sales of $774.25 million in Q1. Why Is ROCE Significant? 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 … Full story available on Benzinga.com