MISTRAS Group's Return on Invested Capital Overview
Portfolio Pulse from Benzinga Insights
MISTRAS Group (NYSE:MG) reported Q1 sales of $168.02 million and a loss of $4.98 million, a 273.63% decrease from last quarter. The company posted a return on invested capital (ROIC) of 0.06%, indicating effective capital allocation. However, Q1 earnings per share of $-0.12 did not meet analyst predictions of $-0.05.
May 22, 2023 | 2:48 pm
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NEGATIVE IMPACT
MISTRAS Group's Q1 results show a decrease in earnings and a positive ROIC of 0.06%, but missed analyst EPS predictions.
MISTRAS Group's Q1 results show a significant decrease in earnings and a missed analyst EPS prediction, which could negatively impact the stock price in the short term. However, the positive ROIC of 0.06% indicates effective capital allocation, which may mitigate the negative impact to some extent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100