Lightning EMotors's Return on Invested Capital Insights

Benzinga ·  03/15 22:48

Benzinga Pro data, Lightning eMotors (NYSE:ZEV) reported Q4 sales of $4.33 million. Earnings fell to a loss of $8.58 million, resulting in a 597.08% decrease from last quarter. Lightning eMotors collected $11.13 million in revenue during Q3, but reported earnings showed a $1.23 million loss. Why Is ROIC Significant?Return on Invested Capital is a measure of yearly pre-tax profit relative to capital invested by a business. Changes in earnings and sales indicate shifts in a company's ROIC. A higher ROIC is generally representative of successful growth of a company and is a sign of higher earnings per share in the future. A

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