Looking Into CrossAmerica Partners's Return On Capital Employed
Portfolio Pulse from Benzinga Insights
CrossAmerica Partners (NYSE:CAPL) reported Q1 sales of $1.02 billion and a loss of $979 thousand, with a negative Return on Capital Employed (ROCE) of -0.02%. The company's Q1 earnings per share of $-0.04 did not meet analyst predictions of $0.1.
May 23, 2023 | 2:55 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
CrossAmerica Partners reported a negative ROCE of -0.02% in Q1, indicating poor capital allocation. The company's Q1 EPS of $-0.04 missed analyst predictions of $0.1.
CrossAmerica Partners' negative ROCE of -0.02% in Q1 indicates that the company may not be effectively allocating its capital, which can negatively impact its long-term performance. Additionally, the company's Q1 EPS missed analyst predictions, which may lead to a short-term negative impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100