EverQuote's Return On Capital Employed Insights
Portfolio Pulse from Benzinga Insights
EverQuote (NASDAQ:EVER) reported Q1 sales of $109.22 million, up 70.23% YoY, but still posted a loss of $2.53 million. The company's Return on Capital Employed (ROCE) was -0.02%, suggesting inefficient capital allocation.
May 23, 2023 | 2:58 pm
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EverQuote reported Q1 sales growth but still posted a loss. The company's negative ROCE of -0.02% suggests inefficient capital allocation.
EverQuote's Q1 sales growth is a positive sign, but the company still reported a loss. The negative ROCE of -0.02% indicates that the company is not effectively allocating its capital, which could negatively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100