Science Applications Intl's Return On Capital Employed Overview
Portfolio Pulse from Benzinga Insights
Science Applications Intl (NYSE:SAIC) reported Q1 earnings of $98 million, a 30.67% increase from the previous quarter, and sales of $2.03 billion, a 3.05% increase since Q4. The company posted a return on capital employed (ROCE) of 0.06%, indicating effective capital allocation.
June 06, 2023 | 2:45 pm
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Science Applications Intl's Q1 earnings and sales increased, with a ROCE of 0.06% indicating effective capital allocation, which may lead to favorable long-term returns.
Science Applications Intl's Q1 earnings and sales increased, and the company posted a positive ROCE of 0.06%. This indicates that management is allocating capital effectively, which is a positive sign for the company's long-term success and favorable returns. The increase in earnings and sales, along with effective capital allocation, suggests a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100