On Nov. 7, Motley Fool Income Investor selection Citizens Communications
- Revenue was flat, as local, long distance, and equipment sales declined.
- But net profit increased by 46%, helped by an increase in operating margins.
- EPS increased by 60% because of net income growth and a reduction in diluted share count.
- Citizens carries a three-star rating in Motley Fool CAPS.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Q3 2006 |
Q3 2005 |
Change |
|
|---|---|---|---|
|
Sales |
$507.2 |
$501.2 |
1.2% |
|
Net Profit* |
$51.3 |
$35.2 |
45.8% |
|
EPS* |
$0.16 |
$0.10 |
60% |
|
Diluted Shares |
319.9 |
338.9 |
(5.6%) |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q3 2006 |
Q3 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
91.6% |
91.8% |
(0.2) |
|
Operating Margin |
31.7% |
27.3% |
4.4 |
|
Net Margin |
10.1% |
7% |
3.1 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q3 2006 |
Q3 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$417.1 |
$286.6 |
45.5% |
|
Accounts Rec. |
$231.0 |
$207.9 |
11.1% |
|
Liabilities |
Q3 2006 |
Q3 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$346.2 |
$375.8 |
(7.9%) |
|
Long-Term Debt |
$3,947.7 |
$4,007.0 |
(1.5%) |
Learn the ways of the balance sheet.
Cash Flow Highlights
|
YTD 2006 |
YTD 2005 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
$573.8 |
$583.3 |
(1.6%) |
|
Capital Expenditures |
$163.4 |
$166.4 |
(1.8%) |
|
Free Cash Flow |
$410.4 |
$416.9 |
(1.6%) |
Find out why Fools always follow the money.
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Related Foolishness:
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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. This data has been provided by Netscribes. To provide feedback on this article, please click on the "feedback" button below.
