Limbach Holdings's Return On Capital Employed Overview
Portfolio Pulse from Benzinga Insights
Limbach Holdings (NASDAQ:LMB) reported a 21.4% increase in Q1 earnings to $2.99 million, while sales decreased by 15.66% to $121.01 million. The company posted a return on capital employed (ROCE) of 0.03%, indicating effective capital allocation.
May 23, 2023 | 2:58 pm
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Limbach Holdings reported a 21.4% increase in Q1 earnings and a 15.66% decrease in sales. The company's ROCE of 0.03% indicates effective capital allocation.
Limbach Holdings' Q1 earnings increased by 21.4%, which is a positive sign for investors. The company's ROCE of 0.03% indicates that management is allocating capital effectively, which can lead to higher returns and earnings per share growth. This positive news may result in a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100