Looking Into C3.ai's Return On Capital Employed
Portfolio Pulse from Benzinga Insights
C3.ai reported Q3 sales of $66.67 million, an 8.26% increase in earnings, but posted a loss of $63.16 million. The company's Return on Capital Employed (ROCE) was -0.07%, suggesting inefficient capital allocation. C3.ai's Q3 earnings per share beat analyst predictions.
May 24, 2023 | 2:58 pm
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C3.ai's Q3 sales increased, but the company posted a loss. The negative ROCE of -0.07% suggests inefficient capital allocation, which may impact the stock price.
C3.ai's Q3 sales increased, but the company still posted a loss. The negative ROCE of -0.07% indicates that the company is not effectively allocating its capital, which could negatively impact the stock price in the short term. Additionally, the company's Q3 earnings per share beat analyst predictions, but the overall financial performance may still be concerning for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100