On Monday, Motley Fool Stock Advisor selection Marvel Entertainment (NYSE:MVL) released Q2 2006 earnings for the period ended June 30.
- Both sales and earnings handily beat estimates, though EPS benefited from a massive $163 million stock buyback executed during the quarter.
- Marvel also slightly raised earnings guidance to $0.50 to $0.60 per share for 2006, from $0.46 to $0.57. Thank the buybacks and the lower effective tax rate.
- The comic-book king is on track with new flicks. Three releases are planned for 2007, including a sequel to Fantastic Four.
(Figures in thousands, except per-share data)
Income Statement Highlights
|
Avg. Est. |
Q2 2006 |
Q2 2005 |
Change | |
|---|---|---|---|---|
|
Sales |
$80,490 |
$84,363 |
$88,140 |
(4.3%) |
|
Net Profit |
-- |
$16,297 |
$25,787 |
(36.8%) |
|
EPS |
$0.11 |
$0.19 |
$0.24 |
(20.8%) |
|
Diluted Shares |
-- |
86,746 |
109,428 |
(20.7%) |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q2 2006 |
Q2 2005 |
Change* | |
|---|---|---|---|
|
Gross Margin |
72.89% |
87.37% |
(14.48) |
|
Operating Margin |
31.47% |
48.88% |
(17.41) |
|
Net Margin |
19.32% |
29.26% |
(9.94) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q2 2006 |
Q2 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$10,997 |
$105,759 |
(89.6%) |
|
Accounts Rec. |
$59,777 |
$63,535 |
(5.9%) |
|
Inventory |
$13,614 |
$8,053 |
69.1% |
|
Liabilities |
Q2 2006 |
Q2 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$6,913 |
$25,101 |
(72.5%) |
|
Long-Term Debt |
$124,700 |
$0 |
N/A |
Learn the ways of the balance sheet.
Cash Flow Checkup
No cash flow statement provided. (Whatever.)
Find out why Fools always follow the money.
Related companies:
- Hasbro (NYSE:HAS)
- Mattel (NYSE:MAT)
- Time Warner (NYSE:TWX)
Related Foolishness:
- Marvel is good! No, it's bad! You decide.
- The green giant is back.
- Is Marvel's management mayhem over?
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.
Time Warner and Hasbro are Stock Advisor picks as well. Ask for us an all-access pass to Stock Advisor and you'll get a backstage look at all of the stocks that are helping David and Tom Gardner beat the S&P 500 by more than 35% as of this writing. It's free for 30 days.
Fool contributor Tim Beyers didn't own shares in any of the companies mentioned in this story at the time of publication. You can find out which stocks he owns by checking Tim's Fool profile . Mattel is an Inside Value recommendation. The Motley Fool has an ironclad disclosure policy .
