Skyline Champion Earnings Perspective: Return On Invested Capital
Portfolio Pulse from Benzinga Insights
Skyline Champion (NYSE:SKY) reported Q4 earnings of $57.75 million, a 30.27% increase from Q3, while sales dropped 15.59% to $491.53 million. The company posted an ROIC of 8.62%, indicating effective capital allocation and potential for favorable long-term returns.
May 31, 2023 | 2:46 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Skyline Champion's Q4 earnings increased by 30.27% to $57.75 million, with sales dropping 15.59% to $491.53 million. The company's ROIC of 8.62% indicates effective capital allocation and potential for long-term growth.
Skyline Champion's Q4 earnings increased by 30.27% and the company posted an ROIC of 8.62%, which is a positive indicator of effective capital allocation and potential for long-term growth. This could lead to higher returns and earnings per share growth, making the stock more attractive to investors and potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100