Looking Into LCI Indus's Return On Capital Employed
Portfolio Pulse from Benzinga Insights
LCI Indus (NYSE:LCII) reported a 142.38% increase in earnings to $7.26 million and an 8.83% increase in sales to $973.31 million during Q1. The company posted a positive return on capital employed (ROCE) of 0.01%, indicating effective capital allocation. Q1 earnings per share were $0.29, beating analyst predictions of -$0.02.
May 24, 2023 | 2:47 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
LCI Indus reported strong Q1 earnings and sales growth, with a positive ROCE of 0.01%, indicating effective capital allocation. The company's EPS beat analyst predictions.
LCI Indus reported significant growth in earnings and sales during Q1, which is a positive sign for investors. The positive ROCE of 0.01% indicates that the company is effectively allocating capital, which can lead to higher returns and EPS growth. Additionally, the company's EPS beat analyst predictions, which can boost investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100