EchoStar Earnings Perspective: Return On Invested Capital
Portfolio Pulse from Benzinga Insights
EchoStar (NASDAQ:SATS) reported Q1 earnings of $27.82 million, a 41.53% increase from Q4, while sales dropped 12.06% to $439.60 million. The company posted a Q1 return on invested capital (ROIC) of 0.62%, indicating effective capital allocation.
May 23, 2023 | 2:52 pm
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EchoStar's Q1 earnings increased 41.53% to $27.82 million, with sales dropping 12.06% to $439.60 million. The company's Q1 ROIC of 0.62% indicates effective capital allocation.
EchoStar's Q1 earnings increased significantly, and the company's ROIC of 0.62% indicates effective capital allocation, which is a positive sign for future growth and higher earnings per share. This news is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100