Neptune Wellness Solns Earnings Perspective: Return On Capital Employed
Portfolio Pulse from Benzinga Insights
Neptune Wellness Solns (NASDAQ:NEPT) reported Q4 sales of $12.15 million, a decrease from Q3's $12.21 million. Earnings fell to a loss of $44.51 million, a significant decrease from Q3's loss of $497 thousand. The company posted a Return on Capital Employed (ROCE) of 1.62%, suggesting effective capital allocation. However, Q4 earnings per share of $-2.23 did not meet analyst predictions of $-0.33.
July 18, 2023 | 2:45 pm
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NEGATIVE IMPACT
Neptune Wellness Solns reported a significant loss in Q4, missing analyst predictions. However, a positive ROCE suggests effective capital allocation.
The company's Q4 earnings fell significantly, indicating poor performance. This, coupled with the fact that it missed analyst predictions, could negatively impact the stock price. However, a positive ROCE suggests that the company is effectively allocating capital, which could mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100