Ducommun Earnings Perspective: Return On Capital Employed
Portfolio Pulse from Benzinga Insights
Ducommun (NYSE:DCO) reported Q1 earnings of $5.23 million, a 35.27% increase from Q4, while sales dropped 3.76% to $181.19 million. The company posted a return on capital employed (ROCE) of 0.01%, indicating effective capital allocation.
May 18, 2023 | 2:46 pm
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Ducommun's Q1 earnings increased 35.27% to $5.23 million, with sales dropping 3.76% to $181.19 million. The company's ROCE of 0.01% indicates effective capital allocation.
Ducommun's Q1 earnings increased by 35.27% and the company posted a positive ROCE of 0.01%, suggesting effective capital allocation. This is a positive indicator for the company's future performance and may lead to higher returns and earnings per share growth. However, sales dropped by 3.76%, which may slightly offset the positive impact of the earnings increase and ROCE.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100