Looking Into Reservoir Media's Return On Capital Employed
Portfolio Pulse from Benzinga Insights
Reservoir Media (NASDAQ:RSVR) reported Q4 earnings of $2.34 million, a 157.62% increase from the previous quarter, and sales of $34.81 million, a 16.3% increase since Q3. The company posted a return on capital employed (ROCE) of 0.01%, indicating effective capital allocation. However, Q4 earnings per share of $0.04 did not meet analyst predictions of $0.06.
June 01, 2023 | 2:50 pm
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NEUTRAL IMPACT
Reservoir Media's Q4 earnings and sales increased significantly, and its ROCE of 0.01% indicates effective capital allocation. However, the company missed analyst EPS predictions.
Reservoir Media's Q4 earnings and sales growth, along with a positive ROCE, indicate effective capital allocation and potential for long-term success. However, the company's failure to meet analyst EPS predictions may offset the positive impact of these factors on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100