Energizer Hldgs Earnings Perspective: Return On Invested Capital
Portfolio Pulse from Benzinga Insights
Energizer Holdings (NYSE:ENR) reported Q2 earnings of $40 million, up 18.37% from Q1, while sales dropped 10.59% to $684.1 million. The company posted a return on invested capital (ROIC) of 2.63%, indicating effective capital allocation.
May 22, 2023 | 2:52 pm
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Energizer Holdings reported Q2 earnings of $40 million and sales of $684.1 million. The company's ROIC of 2.63% suggests effective capital allocation.
Energizer Holdings' Q2 earnings increased by 18.37% from Q1, while sales dropped by 10.59%. The company's ROIC of 2.63% indicates effective capital allocation, which is a positive sign for future growth and earnings per share. This could lead to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100