 During Q2, Momenta Pharmaceuticalss NASDAQ: MNTA reported sales totaled 6.61 million. Despite a 41.09 in earnings, the company posted a loss of 57.38 million. Momenta Pharmaceuticals collected 8.89 million in revenue during Q1, but reported earnings showed a 40.67 million loss.What Is ROCE? Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed in a business. Changes in earnings and sales indicate shifts in a companys ROCE. A higher ROCE is generally representative of successful growth in a company and is a sign of higher earnings per share for shareholders in the future. A low or negative ROCE suggests the opposite. In Q2, Momenta Pharmaceuticals posted an ROCE of -0.15.Keep in mind, while ROCE is a good measure of a companys recent performance, it is not a highly reliable predictor of a companys earnings or sales in the near future.View more earnings on MNTAReturn 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 Momenta Pharmaceuticalss case, the ROCE ratio shows the amount of assets may not be helping the company achieve higher returns. Investors may take this into account before making any long-term financial decisions.Q2 Earnings Insight Momenta Pharmaceuticals reported Q2 earnings per share at -0.48share, which did not meet analyst predictions of -0.39share.See more from Benzinga Stocks That Hit 52-Week Highs On Wednesday Recap: Momenta Pharmaceuticals Q2 Earnings Earnings Scheduled For August 10, 2020C 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. 