On Nov. 3, EntercomCommunications (NASDAQ:ETM) released third-quarter earnings for the period ended Sept. 30.
- Net revenues declined 0.6% to $114.3 million, on a 2% decline in same-station net revenues.
- Over the past four quarters, ETM has bought back 6.3 million shares of its common stock for $189.8 million.
- Entercom is a two-star stock in the Motley Fool CAPS service. Add your opinion!
(Figures in millions, except per-share data)
Income Statement Highlights|
Q3 2006 |
Q3 2005 |
Change | |
|---|---|---|---|
|
Sales |
$114.3 |
$115.0 |
(0.6%) |
|
Net Profit |
$16.2 |
$22.1 |
(26.8%) |
|
EPS |
$0.41 |
$0.48 |
(14.6%) |
|
Diluted Shares |
39.8 |
46.0 |
(13.4%) |
Get back to basics with a look at the income statement.
Margin Checkup|
Q3 2006 |
Q3 2005 |
Change* | |
|---|---|---|---|
|
Operating Margin |
33.6% |
36.1% |
(2.5) |
|
Net Margin |
14.1% |
19.2% |
(5.1) |
Margins are the earnings engine. See how they work.
|
Assets |
Q3 2006 |
Q3 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$14.2 |
$13.0 |
9.8% |
|
Accounts Rec. |
$86.5 |
$86.1 |
0.5% |
|
Liabilities |
Q3 2006 |
Q3 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$3.3 |
$1.3 |
153.8% |
|
Long-Term Debt |
$661.2 |
$493.3 |
34.1% |
Learn the ways of the balance sheet.
Cash Flow Highlights|
YTD 2006 |
YTD 2005 |
Change | |
|---|---|---|---|
|
Cash From Ops. |
$68.4 |
$85.2 |
(19.7%) |
|
Capital Expenditures |
$9.4 |
($0.2) |
N/A |
|
Free Cash Flow |
$59.0 |
$85.4 |
(30.9%) |
Find out why Fools always follow the money.
Related Companies:
- Clear Channel Communications (NYSE:CCU)
- Sirius Satellite Radio (NASDAQ:SIRI)
- XM Satellite Radio Holdings (NASDAQ:XMSR)
Related Foolishness:
Entercom is a Motley Fool Income Investor recommendation. To see what other income-boosting stocks the newsletter has picked, click here to take a free 30-day trial. XM is a Motley Fool Rule Breakers pick.
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