On Feb. 6, Corporate Executive Board (NASDAQ:EXBD) released fourth-quarter earnings for the period ended Dec. 31.
- Revenues increased 26% to $125.5 million on strong client renewals and cross-selling.
- The company increased its quarterly dividend by 33% to $0.40 per share, payable in March.
- For 2007, CEB expects annual revenue growth of 20%. Wall Street expected more, sending the stock down 14%.
- Corporate Executive Board carries a four-star rating in Motley Fool CAPS, our community intelligence database.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Q4 2006 |
Q4 2005 |
Change | |
|---|---|---|---|
|
Sales |
$125.5 |
$99.8 |
25.7% |
|
Net Profit |
$23.2 |
$21.3 |
8.9% |
|
EPS |
$0.58 |
$0.52 |
11.5% |
|
Diluted Shares |
39.8 |
41.2 |
(3.3%) |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q4 2006 |
Q4 2005 |
Change* | |
|---|---|---|---|
|
Gross Margin |
64.4% |
66.6% |
(2.2) |
|
Operating Margin |
25.3% |
28.9% |
(3.6) |
|
Net Margin |
18.5% |
21.3% |
(2.8) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$290.9 |
$426.5 |
(31.8%) |
|
Accounts Rec. |
$153.1 |
$120.2 |
27.3% |
|
Liabilities |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$66.8 |
$42.4 |
57.4% |
|
Long-Term Debt |
$0.0 |
$0.0 |
N/A |
Learn the ways of the balance sheet.
Cash Flow Highlights
|
YTD 2006 |
YTD 2005 |
Change | |
|---|---|---|---|
|
Cash From Ops. |
$136.3 |
$181.5 |
(24.9%) |
|
Capital Expenditures |
$17.7 |
$8.7 |
103.9% |
|
Free Cash Flow |
$118.5 |
$172.8 |
(31.4%) |
Find out why Fools always follow the money.
Related Companies:
- Gartner (NYSE:IT)
- Resources Connection (NASDAQ:RECN)
- FTI Consulting (NYSE:FCN)
Related Foolishness:
Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean.
Corporate Executive Board and Resources Global are Motley Fool Stock Advisor picks. Learn why they made the cut with a 30-day free trial to the Gardner brothers' market-beating service.
This data has been provided by Netscribes. To provide feedback on this article, please click on the "feedback" button below.
