Looking at Q4, GoPro (NASDAQ:GPRO) earned $55.35 million, a 525.2% increase from the preceding quarter. GoPro also posted a total of $357.77 million in sales, a 27.54% increase since Q3. In Q3, GoPro earned $8.85 million, and total sales reached $280.51 million. What Is Return On Capital Employed? Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company's ROCE. A higher ROCE is generally representative of successful growth of a company and is a sign of higher earnings per share in the future. A low or negative ROCE suggests the opposite. In Q4, GoPro posted an ROCE of 0.26%. Keep in mind, while ROCE is a good measure of a company's recent performance, it is not a highly reliable predictor of a company's earnings or sales in the near future. View more earnings on GPRO ROCE is an important metric for the comparison of similar companies. A relatively high ROCE shows GoPro is potentially operating at a higher level of efficiency than other companies in its industry. If the company is generating high profits with its current level of capital, some of that money can be reinvested in more capital which will generally lead to higher returns and earnings per share growth. In GoPro's case, the positive ROCE ratio will be something investors pay attention to before making long-term financial decisions. Q4 Earnings Insight GoPro reported Q4 earnings per share at $0.39/share, which beat analyst predictions of $0.38/share. See more from BenzingaClick here for options trades from Benzinga12 Consumer Discretionary Stocks Moving In Tuesday's After-Market Session© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Retail investors have grown their profile recently with the social media community on Reddit driving a trading frenzy in a handful of heavily shorted stocks. Let's look at why Walt Disney (NYSE: DIS) fits into the former category, while electric-vehicle (EV) charging station company Blink Charging (NASDAQ: BLNK) and action camera maker GoPro (NASDAQ: GPRO) are not great investments today. Disney's theme parks, like Epcot, are showing signs of recovery.
GoPro, Inc. (NASDAQ: GPRO) today announced that it will present at the following investor conferences: