Kodak Goes Negative: Fool by Numbers

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Eastman Kodak (NYSE: EK) released earnings on July 20 for the second quarter ending June 30.

• Kodak is currently attempting to transform its business from traditional products to a digital portfolio.
• Earnings from continuing operations (excluding restructuring and other one-time charges) was $0.53 per share.

(Figures in millions, except per-share data)

Income Statement Highlights (What's this?)

	Avg. Est.	Q2 2005	Q2 2004	% Change
Sales	$3,640	$3,686	$3,464	+6.4%
Net Profit	--	$(146)	$136	-207.4%
EPS	$0.81	$(0.51)	$0.46	-210.9%

Margin Checkup (What's this?)

	Q2 2005	Q2 2004	Change
Gross Margin	28.97%	31.78%	-2.81%
Op. Margin	-3.34%	4.01%	-7.35%
Net Margin	-3.96%	3.93%	-7.89%

Balance Sheet Highlights (What's this?)

Assets	Q2 2005	Q2 2004	% Change
Cash+ ST Invest.	$553	$519	+6.6%
Inventory	$1,523	$1,256	+21.3%
Accounts Rec.	$2,976	$2,605	+14.2%

Liabilities
Long-Term Debt	$2,755	$1,997	+38.0%
Accounts Pay.	$3,868	$3,626	+6.7%

Related Companies:

• Canon (NYSE: CAJ)
• Fuji (Nasdaq: FUJIY)
• Sony (NYSE: SNE)
• Pinnacle Systems (Nasdaq: PCLE)
• HDTV-Spatialight (Nasdaq: HDTV)
• Concord Camera (Nasdaq: LENS)

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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.

At the time of publication, John Reeves owns shares in Eastman Kodak. Fool rules are here.