On Nov. 8, ZipRealty (NASDAQ:ZIPR) released third-quarter earnings for the period ended Sept. 30.

  • Sales declined by 7.3% to $26.2 million, primarily as a result of challenging market conditions for residential housing.
  • The total value of real estate transactions closed fell by almost 12%.
  • ZipRealty is currently a two-star stock in the Motley Fool CAPS stock service. Click here to make your own opinion known.

(Figures in thousands, except per-share data)

Income Statement Highlights

Q3 2006

Q3 2005

Change

Sales

$26,185.0

$28,243.0

(7.3%)

Net Profit

$622.0

$2,850.0

(78.2%)

EPS

$0.03

$0.11

(72.7%)

Diluted Shares

23,478.0

25,328.0

(7.3%)



Get back to basics with a look at the income statement.

Margin Checkup

Q3 2006

Q3 2005

Change*

Gross Margin

45.6%

44.9%

0.7

Operating Margin

(1.4%)

7.9%

(9.3)

Net Margin

2.4%

10.1%

(7.7)

*Expressed in percentage points

Margins are the earnings engine. See how they work.

Balance Sheet Highlights

Assets

Q3 2006

Q3 2005

Change

Cash + ST Invest.

$88,369.0

$89,178.0

(0.9%)

Accounts Rec.

$1,946.0

$2,051.0

(5.1%)



Liabilities

Q3 2006

Q3 2005

Change

Accounts Payable

$1,525.0

$1,353.0

12.7%

Long-Term Debt

$0.0

$0.0

N/A



Learn the ways of the balance sheet.

Cash Flow Highlights

No cash, Zip?

Find out why Fools always follow the money.

Related Companies:

  • Avis Budget Group (NYSE:CAR)
  • HouseValues (NASDAQ:SOLD)
  • Move (NASDAQ:MOVE)

Related Foolishness:

HouseValues is a Motley Fool Hidden Gems recommendation. To see what other great small-cap companies have been selected, take a free 30-day trial today.

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.