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Looking Into Senseonics Holdings, Inc. Common Stock's Return On Capital Employed

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During Q3, Senseonics Holdings, Inc. Common Stock (AMEX:SENS) brought in sales totaling $767.00 thousand. However, earnings decreased 0.46%, resulting in a loss of $12.47 million. Senseonics Holdings, Inc. Common Stock collected $261.00 thousand in revenue during Q2, but reported earnings showed a $12.53 million loss.

What Is ROCE?

Changes in earnings and sales indicate shifts in Senseonics Holdings, Inc. Common Stock's Return on Capital Employed, a measure of yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE suggests successful growth of a company and is a sign of higher earnings per share in the future. In Q3, Senseonics Holdings, Inc. Common Stock posted an ROCE of 0.24%.

It is important to keep in mind ROCE evaluates past performance and is not used as a predictive tool. It is a good measure of a company's recent performance, but several factors could affect earnings and sales in the near future.

Return on Capital Employed is an important measurement of efficiency and a useful tool when comparing companies that operate in the same industry. A relatively high ROCE indicates a company may be generating profits that can be reinvested into more capital, leading to higher returns and growing EPS for shareholders.

In Senseonics Holdings, Inc. Common Stock's case, the positive ROCE ratio will be something investors pay attention to before making long-term financial decisions.

Q3 Earnings Insight

Senseonics Holdings, Inc. Common Stock reported Q3 earnings per share at $-0.1/share, which did not meet analyst predictions of $-0.06/share.

 

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Posted-In: BZI-ROCEEarnings News

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