On Feb. 24, Citizens Communications
- Revenue was just about flat compared to 2004.
- Operating margins improved more than six percentage points from last year, four percentage points of which were due to the non-repetition of last year's $91 million strategic management charge.
- Lower capital expenditures and higher cash flow from operations boosted free cash flow by 32%.
(Figures in thousands, except per-share data)
Income Statement Highlights
Avg. Est. |
FY 2005 |
FY 2004 |
% Change |
|
---|---|---|---|---|
Sales |
$2,160,000 |
$2,162,479 |
$2,168,422 |
(0.3) |
Net Profit |
-- |
$202,375 |
$72,150 |
180.5 |
EPS |
$0.50 |
$0.60 |
$0.24 |
150 |
Get back to basics with a look at the income statement.
Margin Checkup
FY 2005 |
FY 2004 |
% Change |
|
---|---|---|---|
Gross Margin |
90.96% |
90.83% |
0.13 |
Op. Margin |
28.06% |
21.96% |
6.11 |
Net Margin |
9.36% |
3.33% |
6.03 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
Assets |
FY 2005 |
FY 2004 |
% Change |
---|---|---|---|
Cash+ ST Invest. |
$265,775 |
$163,759 |
62.3 |
Inventory |
- |
- |
N/A |
Accounts Rec.* |
$276,320 |
$282,999 |
(2.4) |
Liabilities |
FY 2005 |
FY 2004 |
% Change |
---|---|---|---|
Long-Term Debt |
$3,999,376 |
$4,266,998 |
(6.3) |
Accounts Pay.* |
$388,908 |
$410,405 |
(5.2) |
Inventories at work.
Cash Flow Highlights
FY 2005 |
FY 2004 |
% Change |
|
---|---|---|---|
Cash From Ops |
$844,217 |
$711,437 |
18.7 |
Capital Expend. |
$268,459 |
$275,204 |
(2.5) |
Free Cash Flow |
$575,758 |
$436,233 |
32 |
Related Companies:
-
AT&T
(NYSE:T) -
BellSouth
(NYSE:BLS) -
France
Telecom
(NYSE:FTE) -
Qwest Communications
(NYSE:Q) -
Verizon
(NYSE:VZ)
Related Foolishness:
AT&T is a Motley Fool Stock Advisor selection. Citizens Communications and France Telecom are Motley Fool Income Investor selections. If you like high-paying dividend stocks, join us by taking a 30-day free trial .
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, Fool analyst Andy Cross owned shares in Citizens Communications and AT&T. Fool rules are here.