Looking Into NorthWestern's Return On Capital Employed
Portfolio Pulse from Benzinga Insights
NorthWestern (NASDAQ:NWE) reported a 69.42% increase in earnings to $19.12 million in Q2, despite a 36.08% decrease in sales to $290.50 million. The company posted a Return on Capital Employed (ROCE) of 0.01%, indicating effective capital allocation. However, Q2 earnings per share of $0.35 did not meet analyst predictions of $0.54.
July 25, 2023 | 2:47 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
NorthWestern's Q2 earnings increased significantly, but sales decreased and EPS missed analyst predictions. The company's ROCE of 0.01% suggests effective capital allocation.
NorthWestern's increased earnings and effective capital allocation are positive signs, but the decrease in sales and missed EPS predictions could negatively impact investor sentiment. Therefore, the short-term impact on the stock price is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100