Anterix's Return On Capital Employed Overview
Portfolio Pulse from Benzinga Insights
Anterix reported Q4 earnings of $15.54 million, a 293.79% increase from the previous quarter, and sales of $608 thousand, a 5.19% increase since Q3. The company posted a return on capital employed (ROCE) of 0.09%, indicating effective capital allocation.
June 15, 2023 | 2:45 pm
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Anterix's Q4 earnings and sales increased, with a positive ROCE of 0.09%, suggesting effective capital allocation and potential for higher future earnings per share.
Anterix's Q4 earnings and sales increased significantly, and the positive ROCE of 0.09% indicates that the company is allocating capital effectively. This suggests that Anterix is operating at a higher level of efficiency than other companies in its industry, which could lead to higher returns and earnings per share growth in the future.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100