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Benzinga
Benzinga
Business
Benzinga Insights

HISTORICAL FACTS: Looking into discovery s return on capital employed - Caught on Camera

According to Benzinga Pro data Discovery (NASDAQ:DISCA) posted a 53.81% decrease in earnings from Q3. Sales, however, increased by 1.17% over the previous quarter to $3.19 billion. Despite the increase in sales this quarter, the decrease in earnings may suggest Discovery is not utilizing their capital as effectively as possible. In Q3, Discovery earned $197.00 million and total sales reached $3.15 billion.

What Is ROCE?

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