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
Lightning EMotors's Return on Invested Capital Insights
Risk disclosure: The above content only represents the opinion of the authors or guests, and does not represent any positions of Futu or constitute any investment advice on the part of Futu. Before making any investment decision, investors should consider the risk factors related to investment products based on their own circumstances and consult professional investment advisers where necessary. Futu makes every effort to verify the authenticity, accuracy, and originality of the above content, but does not make any guarantees or promises.