 Enviva Partners NYSE: EVA posted Q2 earnings of 18.64 million, an increase from Q1 of 4.37. Sales dropped to 167.71 million, a 17.98 decrease between quarters. In Q1, Enviva Partners earned 17.86 million, whereas sales reached 204.48 million.What Is ROCE? Changes in earnings and sales indicate shifts in Enviva Partnerss Return on Capital Employed, a measure of yearly pre-tax profit relative to capital employed in a business. Generally, a higher ROCE suggests successful growth in a company and is a sign of higher earnings per share for shareholders in the future. In Q2, Enviva Partners posted an ROCE of 0.05.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 companys recent performance, but several factors could affect earnings and sales in the near future.View more earnings on EVAReturn 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 Enviva Partnerss case, the positive ROCE ratio will be something investors pay attention to before making long-term financial decisions.Q2 Earnings Insight Enviva Partners reported Q2 earnings per share at 0.26share, which did not meet analyst predictions of 0.34share.See more from Benzinga Stocks That Hit 52-Week Highs On Friday Stocks That Hit 52-Week Highs On Thursday Stocks That Hit 52-Week Highs On WednesdayC 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. 