First Trust Exchange-Traded Fund III - First Trust Nasdaq Retail ETF EBIT

First Trust Exchange-Traded Fund III - First Trust Nasdaq Retail ETF posts a EBIT of $-290M as of March 2020. That compares with $-1.2B in the prior-year period — up 76.1% year over year. That is below the sector sector average of $2.6T. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, First Trust Exchange-Traded Fund III - First Trust Nasdaq Retail ETF's EBIT was $-1.2B. The latest reading is $-290M — a 76.1% year-over-year increase (period ending March 2020). Use the history and growth charts on this page for a longer lookback.

For its sector stocks, a EBIT near $2.6T is typical. First Trust Exchange-Traded Fund III - First Trust Nasdaq Retail ETF's $-290M is lower that level. That is roughly 100.0% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

EBIT is one piece of First Trust Exchange-Traded Fund III - First Trust Nasdaq Retail ETF's financial statement story. At $-290M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for FTXD's EBIT usually means three checks: (1) trend versus prior periods, (2) level versus peers (average $2.6T), and (3) consistency with growth and profitability. This page covers the first two; First Trust Exchange-Traded Fund III - First Trust Nasdaq Retail ETF's other metric pages and overview cover the third.