Reed's's Return On Capital Employed Insights
Portfolio Pulse from Benzinga Insights
Reed's reported Q1 sales of $11.16 million and a loss of $4.36 million, despite a 35.63% increase in earnings. The company posted a return on capital employed (ROCE) of 0.35%, indicating effective capital allocation. However, Q1 earnings per share of $-1.7 did not meet analyst predictions of $-1.02.
June 02, 2023 | 2:48 pm
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NEUTRAL IMPACT
Reed's Q1 results show a 0.35% ROCE, indicating effective capital allocation, but missed analyst EPS predictions. This mixed performance may lead to short-term uncertainty.
Reed's Q1 results show a positive ROCE of 0.35%, which indicates effective capital allocation and potential for long-term success. However, the company missed analyst EPS predictions, which may cause short-term uncertainty in the stock price. The mixed performance makes it difficult to predict the short-term impact on the stock price, resulting in a neutral score.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100